Accounting for sick leave   LO2, 6 Rose Ltd provides 1 week (5 days) of accumulating non‐vesting sick leave for each year of service. Sick leave is paid at the base pay rate, which does not include commissions, bonuses and overtime. The proportion of accumulated sick leave that will be taken is estimated for each category of employee due to differences in staff turnover rates. The following summary data is derived from Rose Ltd’s payroll records for the year ended 30 June 2019. Sick leave % of unused leave expected to be taken Employee category Base pay/day $ Balance b/d 1 July 2018 (days) Increase in leave for current service (days) Leave taken or lapsed (days) Within 12 months 1 year later 2 years later Managers 450 120 50 10 20 10 5 Consultants 300 110 100 90 75 10 0 Clerical staff 100 80 100 70 65 9 0 Additional information The yield on high‐quality corporate bonds at 30 June 2019 is 7% for one‐year bonds and 8% for two‐year bonds. After leave taken during the year had been recorded Rose Ltd’s trial balance at 30 June 2019 revealed the provision for sick leave had a credit balance of $13 000. Required 1. Prepare journal entries to account for the liability for sick leave at 30 June 2019. 2. State how much of the provision should be classified as a non‐current liability.