An employee has an yearly salary of Rs. 2,40,000 with 30 days earned leave. If he avails 15 days of leave and accumalates the rest for a future date, what are the relevant accounting entries and Accounting Standard 15 applications ?
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Earned leave as 15
Replies (2)
30 days earned leave is too much for any company per employee...
Sir,
That was just an example, but thanks for the great answer !
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