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When preparing journal entries for the general fund for fund financial statements in 2020, do I record this: Compensated absences (such as vacations and sick

When preparing journal entries for the general fund for fund financial statements in 2020, do I record this:

Compensated absences (such as vacations and sick days) legally owed to general government workers at year-end total $13,000. These amounts will not be taken by the employees until so late in 2021 that the payment is not viewed as requiring 2020 current financial resources.

Does it show up on the balance sheet?

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