Question: 27 Question Completion Status: Question 27 6 points Save Answer Jordan Peters works for Protea Lid and is paid $2,250 per week. He is entitled
27

Question Completion Status: Question 27 6 points Save Answer Jordan Peters works for Protea Lid and is paid $2,250 per week. He is entitled to two week's vesting sick leave per annum. During May 2021, Jordan was off work on sick leave for the whole week beginning 17th May and for the first three days of the following week. He returned to work on Thursday 27th May. Every week the following deductions are made from his salary: PAYG tax is deducted at the rate of 30% of his salary; a deduction of $50 per week to the Green Medical Benefits Fund. Required: a. Show the weekly journal entry required to recognise the sick leave obligation throughout the year. Round off all calculations to the nearest dollar. (2 marks) b. Prepare the journal entry to record these events for the week ending Friday 21St May. (4 marks) Please ensure your label your answer clearly for each part of the question. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Open Sans,sa... v 10pt V V
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