View Full Version : Accrued Leave
pfcaines1
Dec 14, 2006, 09:00 AM
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?
CaptainForest
Dec 14, 2006, 03:31 PM
The credit side.
When it is taken, take it down by debiting it.
Rahulrd
Jan 4, 2007, 03:12 PM
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.