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?
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?
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-----)
CAclubindia
