Restaurant
EOSB Payout — Departing Employee
Paying the gratuity to a waiter who has resigned after 3 years of service.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Provision for EOSB | Liability (-) | 1,800.00 | - |
| Cash / Bank | Asset (-) | - | 1,800.00 |
💡 Accountant's Note
This clears the provision built up over the employee's tenure. No new expense is recorded because the cost was already recognized monthly.
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