what is the difference between accrual and provision
- 2 Answers
- 8503 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / puneet
Accrual is income earned but not received or expenses incurred but not spent. Provision is making provision from the profit for a specified or known expense which is to be met in unknown future.
| Is This Answer Correct ? | 15 Yes | 1 No |
Post New Answer View All Answers
what is a depository?
what is Contra Asset?
what is cost accountinp
Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it
What is the Technology used to carry out trades?
Short Answer on ___________fluctuating capital
what is the meaning of input vat & out put vat?
WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION
what you mean by cross dunning
what is the good prasentation on interview
Define Bill of Exchange
What is the Accounts Payable & Accounts Receivable ?
what are the content of purchase order?
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
Expand-------ASRT
