Distinguish between liability and provisions?please explain
it?
Answer Posted / anu radha
Liability - Any Present obligation of the enterprise arising from past events.
Provision - Specified liability-Also an obligation of a biz. to be met in FUTURE implying cashflow..
| Is This Answer Correct ? | 11 Yes | 2 No |
Post New Answer View All Answers
What is the difference between Risk, Threat & Hazard?
differed tax liability
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
Short Answer on ________Ad-Valorem Duties
i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???
what is the procedure of interview question in genpact
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?
Distinguish value andPrice
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
What was use of tally erp 9? Types of vat?
What is finance lease
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
business sepsarate entity concepts