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Leave salary

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(Querist)
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 ??
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Naveen Kumar

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Naveen Kumar (Expert)
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.
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anurag

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anurag (Expert)
18 December 2011 Leave Salary Outstanding A/c.
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