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provision

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5 Points Posted on 20 February 2018
what is meaning of provision and give example and how to entery
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On 20 February 2018 at 19:31 Report
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Assistant
1095 Points Posted on 20 February 2018
provision for bad and doubtful debts..
5 Reply
On 20 February 2018 at 20:08
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5 Points Posted on 20 February 2018
give one example
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On 20 February 2018 at 20:43
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Assistant
1095 Points Posted on 20 February 2018
it's like setting aside amount for known expenses or loss
for example - banks make provision for NPA.
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On 20 February 2018 at 21:00
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teaching
2046 Points Posted on 20 February 2018

Refer AS 29

7 Reply
On 20 February 2018 at 23:35


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