"The employees of Perry Ltd are entitled to 20 days (4 weeks) of annual leave...
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Accounting
"The employees of Perry Ltd are entitled to 20 days (4 weeks) of annual leave per year, which is accumulating and vesting up to 6 weeks. Sandra is an employee who earns $120 000 per year. Which of the following is incorrect:"
None of the answers.
"Each month, Perry records: Dr Annual leave expense $Z, Cr Provision for annual leave $Z."
"When annual leave is taken, Perry records: Dr Provision for annual leave x, Cr PAYG tax payable y, Cr Bank c"
"Each month where no leave is taken, Perry records: Dr Salaries expense w, Cr PAYG tax payable v, Cr Bank b."
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