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Medical leave

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 December 2013 If a company is providing medical leave 10 days pa. Which can be en-cashed at the time of retirement.

What accounting entry should be passed at the end of the year.?
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@VaibhavJ

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@VaibhavJ (Expert)
27 December 2013 Hi

First entry for accrual at every year for un-utilsed leaves & second at the time of en-cashment of leave.

Thanks
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Querist : Anonymous

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Querist : Anonymous (Querist)
27 December 2013 Thank you sir.,
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