On 30 June 2020, Leisa has been employed for 7 years and it is likely that she will ultimately qualify for long service leave. She is entitled to 10 weeks of LSL when she has worked 10 years. Assuming Leisa's salary of $260,00 is expected to grow 5% pa, and the discount rate is 7% . The company believes there is a 75% probability that Leisa will still be employed by them in 3 years' time. There is an opening LSL liability of $14,000.

Prepare the journal entries for LSL for the year ended 30 June 2020