Dervish Ltd has an average weekly payroll of $700 000.The employees are entitled to 2 weeks',non-vesting sick leave per annum.Past experience suggests that 66 per cent of employees will take the full 2 weeks' sick leave and 15 per cent will take 1 week's leave each year.The rest of the employees take no sick leave.What weekly entry would Dervish make in relation to sick leave?
B) None.
E) None of the given answers.

Question

Dervish Ltd has an average weekly payroll of $700 000.The employees are entitled to 2 weeks',non-vesting sick leave per annum.Past experience suggests that 66 per cent of employees will take the full 2 weeks' sick leave and 15 per cent will take 1 week's leave each year.The rest of the employees take no sick leave.What weekly entry would Dervish make in relation to sick leave?
B) None. 
E) None of the given answers.

Quizplus · Accepted Answer

The Answer of Dervish Ltd has an average weekly payroll of $700 000.The employees are entitled to 2 weeks',non-vesting sick leave per annum.Past experience suggests that 66 per cent of employees will take the full 2 weeks' sick leave and 15 per cent will take 1 week's leave each year.The rest of the employees take no sick leave.What weekly entry would Dervish make in relation to sick leave?
B) None. 
E) None of the given answers.

Dervish Ltd Has an Average Weekly Payroll of $700 000