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what is journal entry to make- provision for liablities and
provision for assets

Answers were Sorted based on User's Feedback



what is journal entry to make- provision for liablities and provision for assets..

Answer / shankar. c

Dr EXPENDITURE AND CR PAYABLES

EX AUDIT FEES 10000 DR

AUDIT FEES PAYABLE 10000 CR
(JOURNAL FOR LIABILITY)

DR TDS RECEIVEBLE 10000

CR INDIECT INCOME 10000
JOURNAL FOR ASSETS

Is This Answer Correct ?    11 Yes 6 No

what is journal entry to make- provision for liablities and provision for assets..

Answer / ranjithkumar

yes

Is This Answer Correct ?    2 Yes 0 No

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