Provisions
Querist : Anonymous
Thanks.
Querist : Anonymous
No sir I am not talking about that. Let me clear it with a case.
I was going through a company "Somany Ceramics" FY 2013
Opening Provision for Doubtful Debts = 128.79
Provision Write-up = 0.43
Closing Provision = 140.01
So , we should see an entry of 11.65 in Profit and loss statement as Provision of doubtful debts, but the actual amount in the annual report is zero.
Querist : Anonymous
Querist : Anonymous
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