Leave salary

This query is : Resolved 

15 December 2011 what will be the accounting treatment in the books of the company for leave salary earned during the period of service by an employee ??

15 December 2011 Leave Salary standing to the credit of employee is a known liability to the Company's point of view so it should be Shown Under Provision.

18 December 2011 Leave Salary Outstanding A/c.


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