Gratuity Provisioning
CA Raj Doshi (Practising CA) (8939 Points)
12 June 2023CA Raj Doshi (Practising CA) (8939 Points)
12 June 2023
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 12 June 2023
When reserves are doubtful provisions is required
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 12 June 2023
But how is provisioning possible here?
Dr. Gratuity
Cr provision?
Gratuity is a liability and so a seperate provision must be created out of what?
If we act like an accounting techie
Dr. Gratuity expense in income statement
Cr. Gratuity liability
CA Raj Doshi
(Practising CA)
(8939 Points)
Replied 13 June 2023
sabyasachi mukherjee
(27636 Points)
Replied 13 June 2023
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)