The following information relates to Questions I and II

ABC Ltd has introduced a new workplace agreement providing employees with 10 days sick leave per year. Based on past experience, ABC Ltd has ascertained that, across each staff level, 60% of staff will take the full 10 days; 20% of staff will take 4 days and 10% of staff will take 1 day. ABC processes the payroll on a weekly basis and recognizes the sick leave entitlement as they accrue in accordance with AASB 119 Employee Benefits. Details of the payroll are as follows:

Staff level Managerial staff Professional staff

Entitlement Accumulating vesting Accumulating non-vesting

Weekly payroll $65,000 $70,000

Question I: Which of the following general journal entries would be recorded to reflect the weekly sick leave entitlement for the Managerial staff?

A) Dr Sick leave expense $1,708

Cr Sick leave payable $1,708

B) Dr Sick leave expense $2,500

Cr Cash $792

Cr Sick leave payable $1,708

C) Dr Sick leave payable $2,500

Cr Cash $2,500

D) Dr Sick leave expense $2,500

Cr Sick leave payable $2,500

Your answer to Question I: ABCDE

Question II: Which of the following amounts would be recorded to reflect the weekly sick leave entitlement for the professional staff?

A) $1,639

B) $1,858

C) $1,912

D) $2,192

E) $2,500