Provision Entry for Expense

In case of a provision entry for expense, debit the expense ledger and credit the provision for expens ledger is this true or false

Showing Answers 1 - 9 of 9 Answers

Satish Arsul

  • Oct 6th, 2018


  Was this answer useful?  Yes

Dalip Singh

  • Nov 2nd, 2018


  Was this answer useful?  Yes

vinod kumar reddy

  • Nov 15th, 2018

entry for provision for expense is like provision for bad debts as per nominal account all expenses and losses are debit
expense or losses a/c DR
to provision a/c CR

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.


Related Answered Questions


Related Open Questions