Interested to Buy Any Domain ? << Click Here >> for more details...
Distinguish between liability and provisions?please explain
it?
- 2 Answers
- 13142 Views
- I also Faced
- E-Mail Answers
Answer Posted / lakshman001
LIABILITY - A COMPANY IS LIABLE TO PAY
PROVISIONS - That which is provided or prepared; that which
is brought together or arranged in advance; measures taken
beforehand; preparation.
| Is This Answer Correct ? | 19 Yes | 4 No |
Post New Answer View All Answers
define bank Draft
How to increase our credit rating score quickly?
why gross profit transfering to profit & loss account
What is dematerialisation and its benefits?
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
what are the financial ratios that a manager see in accounting?
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
What do mean by Computerization of accounts
why do we charge the depreciation
what do u mean by single error and double error in accointing errors?
What problems might be encountered if there were no accounting standards?
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Should I have perfect credit score, that is, above 800 credit score?
is indian bank or canara bank CBS brach?
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
