what is journal entry to make- provision for liablities and
provision for assets
Answer Posted / 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 |
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