As at 30 June 2007, the Provision for Long Service Leave balance was $125,000. During 2006/07 $54,000 was charged to the provision account, and leave to the value of $34,000 was taken by staff. The balance on 30 June 2008 was $135,000, following the charging of long service leave expense of the same amount as in 2006/07 - i.e., $54,000. Assuming there were no other temporary differences, what s the journal entry to adjust for the changes in these balances as at 30 June 2008? The corporate tax rate is 30 per cent.
E) None of the given answers

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The Answer of As at 30 June 2007, the Provision for Long Service Leave balance was $125,000. During 2006/07 $54,000 was charged to the provision account, and leave to the value of $34,000 was taken by staff. The balance on 30 June 2008 was $135,000, following the charging of long service leave expense of the same amount as in 2006/07 - i.e., $54,000. Assuming there were no other temporary differences, what s the journal entry to adjust for the changes in these balances as at 30 June 2008? The corporate tax rate is 30 per cent.
E) None of the given answers