What can be the possible account head<name> for crediting the amount retained against the salary payable to an individual against the leaves he have availed?
1 Replies
Amit Gupta
(Loosening Myself)
(1508 Points)
Replied 20 August 2011
Aparna there would be nothin payable on a/c of leaves availed as no org pays for availing leaves..n in case u r talkin about leave encashement payable u cn make entry as follows:
Leave encashment a/c Dr
To Leave encashment payable
(being provision made for unavailed leaves of employee name-----)
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