To match revenues and expenses properly, should the expense for employee vacation pay be recorded in...

Question

To match revenues and expenses properly, should the expense for employee
vacation pay be recorded in the period during which the vacation privilege is earned
or during the period in which the vacation is taken? Discuss.
Vacation pay should be recorded during the period during which it is...

Robert · Accepted Answer

To match revenues and expenses properly, should the expense for employee 
vacation pay be recorded in the period during which the vacation privilege is earned 
or during the period in which the vacation is taken? Discuss.

To match revenues and expenses properly, should the expense for employee vacation pay be recorded in the period during which the vacation privilege is earned or during the period in which the vacation...

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