user image

Gagan Mishra

Job Interview Skills
English
2 years ago

7. Explain Provisions For?

user image

Abhishek Mishra

2 years ago

A provision is the amount of an expense that an entity elects to recognize now, before it has precise information about the exact amount of the expense. For example, an entity routinely records provisions for bad debts, sales allowances, and inventory obsolescence

Recent Doubts

Close [x]