why the provision is created in profit and lose account
- 1 Answers
- 3734 Views
- Wipro, I also Faced
- E-Mail Answers
Answer / sunny matta
Because Provision means the unexpected cost which will hit
in our books in future that's the reason we will put some
estimated amount in the books for particular account codes.
| Is This Answer Correct ? | 2 Yes | 0 No |
HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT
what is depreciation? what are depreciation methods? please explain those method? can any one reply urgently? Answer
what is bank aceleted?
How do you add/remove a payment block for particular invoice ?
what is the difference between back order and partial shipments?
Accounting golden rules?
A Vat account debit balance reported in the year end trail balance would represent?
What is the difference betwween letter of credit and contract of gaurantee.........in what situations these will issued by whom?
which is the first bank established in india?
Who is considered the father of accounting?
What is meant by forex P&L a/c.?
What is Provision Entry
Audit 
