PLS HELP, MY DEADLINE IS IN 3 HOURS

QUESTION 3 Total 15 marks Southern Ltd has a weekly payroll of $100,000. Its employees are entitled to two weeks' sick leave per year. The sick leave entitlements are accumulating and non-vesting. Based on past experience within the organisation and the industry, the management of Southern Ltd believes that 50% of the employees will take their full entitlement each year and 20% of the employees will take one week's sick leave each year. The remaining employees are assumed to take no sick leave. Sick leave taken or lapsed during the year 2020 amounting to $65,450. After recording the sick leave taken or lapsed during the year, Southern Ltd's trial balance at 31 December 2020 revealed the provision for sick leave had a credit balance of $44, 540. Requirements: a. Explain the meaning and give one example of the following: i. Non-accumulating leave. ii. Non-vesting leave. (6 marks) b. Prepare the journal entry to recognise Southern Ltd's provision for sick leave at 31 December 2020 (Provide your full workings). (9 marks)