liability and expense

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Elan Co. has two employees. Each employee receives two weeks of paid vacation each year. Vacation rights accumulate. One employee, whose weekly salary is $600, took a two-week vacation during the year, but the other employee, who earns $800 per week, took no vacation during the year. In its year-end financial statements, what amount should Elan report as vacation liability and expense?
Liability                   Expense
A.  $1,600                  $1,200
B.  $1,600                  $2,800
C.   $0                          $1,200
D.  $0                          $2,800

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