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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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?
The credit side.
When it is taken, take it down by debiting it.
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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