Answer / puneet

Accrual is income earned but not received or expenses incurred but not spent. Provision is making provision from the profit for a specified or known expense which is to be met in unknown future.

Answer / harish singh bisht

Accrual is income earned but not received or expenses
incurred but not spent. Provision is making provision from
the profit for a specified or known expense pertaining to
the current year. Which may or may not incure in future.
(eg. Prov for Bad Debts, income tax)

if cash deposited in to bank what will be entry?

3 Answers  

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what is cost accounting ?

1 Answers  

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Debut increases,Credit decreases in-------------- Credit increases, debit decreases in-------------

1 Answers  

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which banks are CBS branches?

1 Answers  

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• What is Window Dressing?

2 Answers   Mellon,

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4) What is Journal Entry of 1) Credit Sales. 2) Credit sales with Discount. 3) Credit sales with VAT. 4) Outstanding Rent paid. 5) Credit Purchase. 6) Out standing wages paid. 7) Bank over draft 8) bank charges 9) Dishonor check

9 Answers   Accenture, Genpact, Wipro,

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Expand---------PED

0 Answers  

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Hi dis is lalitha. I got selected for muthoot finance PO for the final interview. can u plz tell me what type questions they will ask? my mail id is plalitha87@gmail.com. can u plz pass the questions to my mail, my interview is on jan 04,2012. Thanks in advance.

2 Answers   Muthoot Group,

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what is capex

5 Answers   FactSet Systems,

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What does IMAP stand for

1 Answers   HP, Wipro,

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What do you mean by Venture Capitla and Private Equity?

1 Answers  

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what is inflation?

27 Answers   Capital IQ, Pixnet Communications,

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