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Accountancy

What is the meaning of first sentence

manideep martha

CA Final

★ 10K+

18-Jun-21 12:41

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Answers (1)

A general provision at 0.40 percent of outstanding standard assets should not be considered for calculating net NPAs. It is shown separately as contingent provision against standard asset in balance sheet.

Yoga Vishnu

CA Final

★ 11K+

18-Jun-21 17:42

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