in Accounts we are using provisions ? what is provisions?



in Accounts we are using provisions ? what is provisions?..

Answer / prasant m

We have done some expenses but invoice or bill not yet
received but expenses related to current month for that we
passed an entry against those expenses with approximate
value or previous comparison value ,it is an activity
perform end of the month we say month end closing activities.

Is This Answer Correct ?    2 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

What are the main things to see which making a Balance Sheet ??

2 Answers  


Please explain in brief why you consider yourself suitable for the position applied for?

2 Answers   Accounting, Godrej, KEC,


bank exam paper

0 Answers   Bank Of India,


Due Dates for filing of the following? Vat Returns Service tax Returns Individual Income tax returns Partnership Companies Advance tax Remittances

2 Answers  


please provide wct retun guide line how can prepaire that

0 Answers   Xerox,






What is the differance between Project report & CMA Data?

1 Answers  


What is meant by budget? Explain briefly

4 Answers  


When u r using Automatic Payment Programme?

1 Answers   IBM,


What is difference between profit, revenue?

19 Answers  


how accountant calculatee depriciation

5 Answers  


whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

0 Answers  


Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09

0 Answers   Vodafone,


Categories