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Sir what is provision for expenses account . Why it is shown in consignment account.
Answers (4)
CA Suraj Lakhotia Admin
Bank charges which will be incurred in future. For that we have made a provision.
Sir why do we show it in consignment account
Thread Starter
Sri kanaga VarshiniSir why do we show it in consignment account
If it was paid you would have written Consignment To Bank Since not paid Consigment To Provision for expenses
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