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Querist : Anonymous

Querist : Anonymous (Querist)

11 February 2015 hallo freinds, I am working in NBFC .in our company we provide 1% provision on the total loan advances to customer every month. now in current mont out of total loan advance 5 customer has been declared as defaulters who are not paying form last three months. so we decided to provide 10% on these five customer. My query is i should provide 1% on total loan and plus 10% on these five loans. or i should exclude these five loans and provide 1% on remaing and then 10% on five loans.

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=943567

Querist : Anonymous

Querist : Anonymous (Querist)

17 February 2015 i think first option is right.any way it is provision only

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