Provision Entry Account Investment

A provision entry is recorded to account investment details. Is this true or false

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Vinod kumar Reddy

  • Nov 21st, 2018
 

False
provision entry will not show investment details but it will show the amount taken from net profit and keep as a provision for particular expense
example: provision for bad debts

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DEVARAPALLI sivaji

  • Dec 10th, 2019
 

Bad debt a/c
To provision for bad debts a/c

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