Answer / ramesh

provision usually means any amount written off or retained
by way of providing depreciation, renewals of diminutions in
the value of assets or retained by way of providing for any
known liability of which the amount can not be determined
with substantial accuracy.

Answer / venkatesh

provision means suli and puku..........

Answer / krishna

Funds set aside for future known liabilities..

Answer / sricharan babu m

Provision is a temporary accounting title. It basically
refers to expense.Provision is created out of profits for
known liabilities.

karthiks due of Rs 35000/- was settled in full with a cheque of rs 31500/-Pass entry

3 Answers  

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EXPAND______________HDTV

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Calculate the profit/loss on sale of the following assets as on 30th september 2000 cost of the asset on 01.05.95 50000/- Salvage Value 5000/- Method of depriciation & date WDV 15% sales of asset on 30.09.2000 Rs 25000/-

4 Answers  

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why did rbi hiked repo and reverse ratio and how it will effect the market

1 Answers  

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Create Good Will of Rs 125000 and apportioned between the existing partners A,B and C as per their sharing ratios 25%,35% and the remaing %. Pass journal entry

1 Answers  

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investment banking

2 Answers   Capital IQ, RRDonnelley, Wipro,

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how to calculate BEP in this problem? Sales Rs.3,00,000 Fixed Exp. Rs. 75,000 Direct Material.Rs.1,00,000 Direct Labour Rs.60,000 Direct exp. RSs.40,000

2 Answers  

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comen test paper for accounts

3 Answers  

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Expand ------RFQ

1 Answers  

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what are the types of leasing and their accounting entries?

2 Answers  

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EXPAND______________ICC

1 Answers  

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I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

1 Answers   L&T,

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