its very urgent pcc accounts

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pls can someone tell me about the current banking provision for non performing assets for  applicable for may attempt

Replies (3)

 

Provision for NPA's as considered in Prob No.15 of RTP of accounts for May 10

Standard Assets   0.40% 

Sub-standard Assets   10 %

Doubtful Assets not covered by       100%

security

 Doubtful Assets covered by security:

for 1 year                                                              20 %

for 3 years                                                           30 %

for 4 years                                                            100% 

Loss Assets                                                        100 %

 

I attached RTP for reference..

Agree with Kranthi

 IMPORTANT FOR IPCC & PCC COST FM https://www.caclubindia.com/forum/important-suggestions-for-pcc-and-ipcc-students-for-cost-fm-86353.asp

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