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Accountancy

If there is permanent reduction Then it should go to pl Why provision created ?

Sushmita Chowdhury

CA Inter

★ 2K+

18-Apr-24 08:17

423

Answers (3)

Expense Dr. To Provision

CA Suraj Lakhotia

Admin

24-Apr-24 14:55

CA Suraj Lakhotia Admin

Expense Dr. To Provision

but sir why provision is created ? when there is permanent reduction then there should be direct write off i.e pl

Thread Starter

Sushmita Chowdhury

CA Inter

★ 2K+

25-Apr-24 06:51

here provision means that only.

CA Suraj Lakhotia

Admin

03-May-24 11:12

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