Annette French joined Paris Ltd on 1 July 2011 as a bookkeeper.She is the only permanent employee of Paris Ltd.On 30 June 2012 her salary was $35,000.Annette French's salary is expected to increase with inflation at a rate of 3%.Paris Ltd provides long service leave entitlement of 13 weeks after 15 years of service.A pro rata payment is made after 10 years of service.The probability of Annette French staying in the job until the obligation vests is 35%. Other information:
What is the long service leave liability (to the nearest $)of Paris Ltd as at 30 June 2012?

Question

Annette French joined Paris Ltd on 1 July 2011 as a bookkeeper.She is the only permanent employee of Paris Ltd.On 30 June 2012 her salary was $35,000.Annette French's salary is expected to increase with inflation at a rate of 3%.Paris Ltd provides long service leave entitlement of 13 weeks after 15 years of service.A pro rata payment is made after 10 years of service.The probability of Annette French staying in the job until the obligation vests is 35%. Other information:
 What is the long service leave liability (to the nearest $)of Paris Ltd as at 30 June 2012?

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The Answer of Annette French joined Paris Ltd on 1 July 2011 as a bookkeeper.She is the only permanent employee of Paris Ltd.On 30 June 2012 her salary was $35,000.Annette French's salary is expected to increase with inflation at a rate of 3%.Paris Ltd provides long service leave entitlement of 13 weeks after 15 years of service.A pro rata payment is made after 10 years of service.The probability of Annette French staying in the job until the obligation vests is 35%. Other information:
 What is the long service leave liability (to the nearest $)of Paris Ltd as at 30 June 2012?

Annette French Joined Paris Ltd on 1 July 2011 as a Bookkeeper.She