Why provisions are made & what will be the Journal entry
for different types of provisions.
- 4 Answers
- 76676 Views
- CyberSoft, I also Faced
- E-Mail Answers
Answer Posted / sajjad1
When Provosion is Made then Pass This Entry
Gratuity Fund (Dr)
Provision for Grauity Fund (Cr)
When Its Occur
Provision for Grauiyy Fund (Dr)
Bank/Casg (cr)
| Is This Answer Correct ? | 43 Yes | 9 No |
Post New Answer View All Answers
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?
What is accounts payable?
why are you selecting for the controlling area same company code?
I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.
who introduces the single entry format?
What's the meaning of Preferential Creditor?
In case of new admission of partner what will be the adjustment for the sharing ratios
WHAT IS PROSPECTUS?
How can you actualize cah flows of 5 years at 8%
Short Answer on _____________Accident Insurance
Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?
while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
