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Question 1 [10] Triangle Ltd employs 20 employees, each entitled to 15 days paid leave each year. The average wage rate is R110 per day.
Question 1 [10] Triangle Ltd employs 20 employees, each entitled to 15 days paid leave each year. The average wage rate is R110 per day. Unused leave is carried forward to the next leave year. For the year ended 28 February 2021, these 20 employees worked for Triangle Ltd for the entire year and were entitled to their entire 15 annual leave days. Required: Record the journal entries for the leave pay provision as at 28 February 2021 for the following scenarios: 1.1 No leave was taken by any of the employees (4) 1.2 Half of the employees used all their leave days, three used only 10 days and seven used 14 days (6) Show all calculations. Journal descriptions are not required
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