35 12 Creditors and other payables 2008 2007 a  ctual a  ctual $ $ Creditors 237,101 436,424 Income in advance 9,743 7,465 Accrued expenses 49,414 145,506 Total creditors and other payables 296,258 589,395 Creditors and payables are non-interest bearing and are normally settled on 30 day terms, therefore the carrying value of creditors and other payables approximates their fair values. 13 Employee entitlements 2008 2007 a  ctual a  ctual $ $ Current employee entitlements are represented by: Accrued salaries and wages 68,293 142,926 Annual leave 67,468 54,983 Sick leave 7,285 9,221 Total employee entitlements 143,046 207,130