WHAT IS THE ENTRY FOR BOOKING PROVISION...? IS IT
COMPULSARY FOR BOOKING PROVSION IN ACCOUNTING?
Answer Posted / hemanta behera
Provision is compulsory. provision for dept compulsory
Ex
Badept 5000
provision for dept 12000
The entry is
Badept 5000 Dr*
provision for badept 12000 Dr*
To debtor
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
What are the advantages of double entry system?
What steps would you take to locate the errors in case trial balance disagrees?
Define fair value accounting?
Which accounting applications are your familiar with?
Tell us what do you believe should be an important quality of an account executive?
what is the primary of for-profit organisation
what are your current financial and accounting projects? What is your role?
What are the effects of international accounting standards on accounting practices of developing nations?
The main financial accounting statements?
describe the rule of garner vs murray and how it relates to the dissolution of a partnership
What entry to be passed for Duty draw back as receivable
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
Why Is The Distinction Between Product Costs And Period Costs Important?
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
What is the difference between accumulated depreciation and depreciation expense?