What will be the loan provisioning entries in banking.
Also, will the provisioning account be off balance sheet item ?
Shyam Khandelwal (Consultant) (58 Points)
11 June 2009What will be the loan provisioning entries in banking.
Also, will the provisioning account be off balance sheet item ?
NANDURI RAVI SURYA NARAYANA MU
(ACCOUNTANT)
(194 Points)
Replied 15 June 2009
Interest Payable is the only provision. After paid you must be reverse by the each month. Then your provision will decrease automatically
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