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1. Taylor Works for Nike ltd and is paid $3,000 per week. He is entitized to two week's vesting sick leave per annum. During May

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1. Taylor Works for Nike ltd and is paid $3,000 per week. He is entitized to two week's vesting sick leave per annum. During May 2022. Jordan was off work on sick leave for the whole week beginning 17th may and for the rst three days of the following week. he returned to work on Thursday 27th may. every week the following deductions are made from his salary: PAYG tax is deducted at the rate of 30% of his salary. A deduction of $50 per week to Green Medical Benets Fund\" Required \" a. Show the weekly journal ent_r1 reguired to recognize the sick leave obligation throughout the year. Round off all calculation: to the nearest dollar. \" b. Prepare the journal ent_ry to record these events for the week ending 1 21't May. \" (n 2. 0n 1 July 2009 Lancashire Ltd grants 100 share options\" to each of its 50 emglogees conditional upon the employee working for\" the entity for the next three years. On the same date. the entity\" estimates the fair value of each share option at $15. Based on\" probability estimates, 15 employees are expected to leave the entity\" in one year and another 5 employees in two years. Actual resignation\" for the year ending 2010 was 12 employees and the fair value of the\" option is $12 on 301nm 2011.\" Required

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