Marie Todd works for the City of Rochester and volunteered to work the New Years Eve holiday in December, 2010. In exchange for working the holiday, the city will grant her 2 vacation days compensated at $500 per day. Marie decided to take these vacation days during January, 2011.
Assuming that Marie works in an activity reported within the General fund, for Fund-based financial statements, what are the journal entries to record these events?

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The Answer of Marie Todd works for the City of Rochester and volunteered to work the New Years Eve holiday in December, 2010. In exchange for working the holiday, the city will grant her 2 vacation days compensated at $500 per day. Marie decided to take these vacation days during January, 2011.
Assuming that Marie works in an activity reported within the General fund, for Fund-based financial statements, what are the journal entries to record these events?

Marie Todd Works for the City of Rochester and Volunteered