Provisional Entries
Describe Provisional Entries?
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Provision entries are the entries which are made to account for expenses which have not been accounted in the period for which it associates. Therefore debiting the expenses and crediting the party account or liability account forms the provision.
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Assignment 1: A adjusted Trial balance table given below: Southwest Business School Q : What are Arrears What are Arrears ? And What are Arrears? And what are the conditions to make Arrears?
What are Arrears? And what are the conditions to make Arrears?
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