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Provision

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(Querist)
10 June 2013 hai,
i am working with central government educational institution.
while preparing 2012-2013 annual accounts, it has been noted that there is some mistakes in provision written off in the previous years.
provision created for 2010-2011 is 50 lakhs
they writen off 50 lakhs by reversal entry in 2011-2012. besides they debit around 40 lakhs in provision account against payment bills. therefore it has the effect of 90 lacs written off in 2011-2012 against provision of 50 lakhs.
how can i correct this in 2012-2013.
it will be very helpful if u reply to this query
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Rupesh Jain

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Rupesh Jain (Expert)
13 June 2013 make rverse entry in bbok of rs. 40 lacs
and book as exp of rs. 40 lacs
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