Assume that you work as an auditor in a local accounting firm and your manager asks you to review employee- related expenses and liability recorded by Nu Space Ltd. The accountant of Nu Space Ltd believes that long service leave (LSL) should not be considered a liability in the accounts until employees commence their tenth year of service, given this leave entitlement only applies to Nu Space Ltd's employees after ten years of continuous service. REQUIRED Advise the accountant on whether this approach is acceptable under AASB 119. Discuss what needs to be estimated to report a liability regarding long service leave