Alam Impian Berhad has one hundred employees who are each entitled to paid sick leave for a
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Question:
Alam Impian Berhad has one hundred employees who are each entitled to paid sick leave for a maximum period of one month. Unused sick leave cannot be carried forward to the next calendar period. During the year ended 31 December 2021, one of the employees, Encik Haris met with an accident and was on leave for two months. His monthly salary is RM5,000 and for compassionate reasons, Alam Impian Berhad continues to pay Encik Haris his two-month salary.
(a) Explain the accounting treatment for the two-month salary paid to Encik Haris.
(b) Discuss the differences between accumulating compensated absences and non-accumulating compensated absences
Related Book For
Forensic Accounting and Fraud Examination
ISBN: 978-0078136665
2nd edition
Authors: William Hopwood, george young, Jay Leiner
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