Question
Could you please advise me on the steps to calculate these questions Victoria works for La Trobe University. Her annual salary is $104,000 and she
Could you please advise me on the steps to calculate these questions
Victoria works for La Trobe University. Her annual salary is $104,000 and she is paid weekly. As part of his employment agreement, she is entitled to four weeks' annual leave each year. She receives a leave loading of 17.5 per cent.
REQUIRED:
a) Provide the weekly journal entries to record the recognition of Victoria's annual leave entitlements.
b) Provide the appropriate journal entries, assuming that Victoria takes two-weeks annual leave after being employed for one year and assuming that the tax deducted from the payment for the two weeks are $1600.
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