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Provision of gratuity as per as 15

This query is : Resolved 

05 July 2015 Plt ltd co has to make provision for gratuity as per AS 15. The above provision need not be paid, then how to reverse it of is it we have to reverse the old provision and pass the new provision every year kindly explain and please give journal entries to that effect

05 July 2015 Don't reverse the provision pass entry for only additional/reduction in provision.



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