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WHAT IS THE ENTRY FOR BOOKING PROVISION...? IS IT
COMPULSARY FOR BOOKING PROVSION IN ACCOUNTING?

Answer Posted / hemanta behera

Provision is compulsory. provision for dept compulsory
Ex
Badept 5000
provision for dept 12000
The entry is
Badept 5000 Dr*
provision for badept 12000 Dr*
To debtor

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