Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


why the provision is created in profit and lose account



why the provision is created in profit and lose account..

Answer / sunny matta

Because Provision means the unexpected cost which will hit
in our books in future that's the reason we will put some
estimated amount in the books for particular account codes.

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting General Interview Questions

what is faviourable balance,and overdraf balance in Brs? Give me sms on this no. 9885789716

1 Answers  


what is private equity?

5 Answers  


Sir, My Gross salary is 16000/- per Month and Birfication is as below Basic Salary 6400 HRA ``` 2560 Travelling con 640 Uniform Allowance 640 Bonus 1280 Professional All 640 Walfare Allowance 3840 Please inform me How much amount of TDS Regards, Ravinder

2 Answers  


Explain me what is tally accounting?

0 Answers  


What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?

0 Answers  


What is Amalgamation?

4 Answers  


we are paid advance to employee Rs.5000 for TADA. After Trevelling employee return Rs.500. please pass journal entry

4 Answers   ABC, Express,


HOW PASS A TDS DUE ENTRY

2 Answers   MTS,


Explain financial accounting. What are its characteristic features?

0 Answers  


my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.

0 Answers  


sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example

0 Answers  


what is the value period of cheque?

12 Answers  


Categories