Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ravindra sahu
provision is a way to book present f.y. expenses that is
not paid in this year. in provision entry we debit expenses
a/c & credit payble a/c that will debit in next year when
expenses will paid.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What are the four classifications of bad and doubtful debts as per the context of the bank?
Difference between depreciation according to cost principle and matching principle
Do you know compound journal entry?
What is the difference between lc and bg(letter of credit
Tell me how you can adjust entries into account?
When we paid TDS on commission how will journal entry come
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
Define overhead in terms of accounting?
What is the difference between depreciation and amortization?
Why does the accounting equation have to balance?
What are accounting entities?
in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.
Do you possess any knowledge about accounting standards?
how will you adjust voluntary seperation payment in cash flow statement
swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000
