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Creating provisions of expenses

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(Querist)
17 September 2012 Does creating provision means?
Expense A/c .....dr
To Expenses payable A/C

Then,
Expenses payable....Dr
To cash/ bank a/c

Since expense payable is of credit nature will be done like this I suppose? Am I doing right experts?
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Rathin Roy

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Rathin Roy (Expert)
17 September 2012 Yes you are correct - take care to deduct TDS if required under relevant head.

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