What the slater annual leave payable must be adjusted

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Problem - Slater is entitled to 4 weeks annual leave a year with a leave loading of 17.5% and has four weeks leave, to the value of $20,000, accrued at the end of his first year of employment. On the first day of his second year of service, Slater is given a pay rise to bring his salary up to $300,000 per annum. After the pay rise, what the Slater's annual leave payable must be adjusted?

Reference no: EM133014956

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