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The allegations of witchcraft in Salem in 1691-1692 may have resulted from hysteria that came out of conflicts with Indians.
Accrued Vacation Benefits
The amount of vacation time that employees have earned but not yet taken, which is recorded as a liability on the company's books.
Vacation Benefits Expense
The cost to the company for the vacation time entitled to employees, reflected in financial statements.
Year-End Adjusting Entry
Entries made in the accounting records at the conclusion of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Vacation Benefits Payable
Liabilities owed to employees for vacation time earned but not yet taken.
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