Of a Company's Employees,50 Percent Typically Qualify to Receive Two $\begin{array}{llr} \text { Estimated Liability for Vacation Pay } &116\\ \text { Cash } &&116\\\end{array}$

Of a company's employees,50 percent typically qualify to receive two weeks' paid vacation a year in 50 working weeks.The entry to record the amount of estimated liability for vacation pay for a week in which the total payroll is $2,900

A)
$\begin{array}{llr} \text { Estimated Liability for Vacation Pay } &116\\ \text { Cash } &&116\\\end{array}$

B)
$\begin{array}{l}\text { Vacation Pay Expense }&232 \\\text { Cash }&&232\end{array}$

C)
$\begin{array}{llr} \text { Vacation Pay Expense } &58\\ \text { Estimated Liability for Vacation Pay} &&58\\\end{array}$

D)
$\begin{array}{llr} \text { Cash} &29\\ \text {Estimated Liability for Vacation Pay } &&29\\\end{array}$