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    pfcaines1's Avatar
    pfcaines1 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 14, 2006, 09:00 AM
    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?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Dec 14, 2006, 03:31 PM
    The credit side.

    When it is taken, take it down by debiting it.
    Rahulrd's Avatar
    Rahulrd Posts: 4, Reputation: 2
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    #3

    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.
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