CA Raj Doshi (Practising CA) (8924 Points)
12 June 2023
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 12 June 2023
When reserves are doubtful provisions is required
Yasaswi Gomes new
(Finance )
(4514 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)
(8924 Points)
Replied 13 June 2023
sabyasachi mukherjee
(27574 Points)
Replied 13 June 2023
CAclubindia
