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Home > Business & Careers > Accounting   »   Accrued Leave

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Old Dec 14, 2006, 08:00 AM
pfcaines1
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Accrued Leave

I am confused as to which side of the T account structure the Accured Leave account should be. Debit or Credit side. Then when Leave is actually taken how does that flow?

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Old Dec 14, 2006, 02:31 PM   #2  
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The credit side.

When it is taken, take it down by debiting it.
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Old Jan 4, 2007, 02:12 PM   #3  
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well if i am not wrong we can only make the entries for the transaction wch r monteary in nature.

interesting question...............

let me know y it shld be on crdit side.


Thanks.
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