Athens Company's salaried employees earn two weeks of vacation per year. The company estimated and must expense $9800 of accrued vacation benefits for the year. Which of the following is the necessary year-end adjusting entry to record accrued vacation benefits?
A. Debit Vacation Benefits Expense $19,700; credit Vacation Benefits Payable $19,700.
B. Debit Vacation Benefits Payable $19,700; credit Vacation Benefits Expense $19,700.
C. Debit Vacation Benefits Payable $9800; credit Vacation Benefits Expense $9800.
D. Debit Vacation Benefits Expense $9800; credit Vacation Benefits Payable $9800.
E. Debit Vacation Benefits Expense $20,360; credit Vacation Benefits Payable $20,360.
Answer: D
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Information is ______ if no one other than the consultant will know what was said in the interview.
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