Kerry Gill works for Kentucky Enterprises for an annual salary of $60 000.Kerry is entitled to 4 weeks' annual leave per year with a leave loading of 17.5%.What entry each week,additional to the one recording wages expense and PAYG tax deduction,would be required to accrue Kerry's entitlement to annual leave? When Kerry takes his 4 weeks' annual leave,what entry would be made to record this (only)?
The tax is calculated at 30%.(Assume that there are 52 weeks in a year and round to the nearest dollar.)

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The Answer of Kerry Gill works for Kentucky Enterprises for an annual salary of $60 000.Kerry is entitled to 4 weeks' annual leave per year with a leave loading of 17.5%.What entry each week,additional to the one recording wages expense and PAYG tax deduction,would be required to accrue Kerry's entitlement to annual leave? When Kerry takes his 4 weeks' annual leave,what entry would be made to record this (only)?
The tax is calculated at 30%.(Assume that there are 52 weeks in a year and round to the nearest dollar.)

Kerry Gill Works for Kentucky Enterprises for an Annual Salary