Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / anilraj t
Provision Means expected expense pertaining to partiicular period which is booked in that period and paid immediately sub seeding period.
Ex: Every month end creating provisions for salaries and paid later in subsequent month
What ever payables coming in Accounting just remeber it is a provision made.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement
when dissoluction of firm why investment flchuationfund subtrect from book value
how sales invoices adjusted against advance received from Debtor?
List out some of the accrued expenses and the accounts in which you would record them?
How will service tax & excise be charged?
what is casual receipt? is it exmpted in income tax?
How use Budget in SAP, i want to see the report of variant between budget and actuals.
Discuss the consistency concept in accounting
Entries to revenues accounts such as service revenues are usually?
get fixed assets items
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
what are the direct expense of loan department in banks.
