SALIMALI

• Apr 12th, 2018

When Create Provision

Expenses A/C Dr
To Provision for Expenses Cr

When We book the Invoice for the Expenses
Provision for Expenses A/c Dr
To Accounts Payable A/C Cr
When we make the payment
Accounts Payable A/c Dr
To Cash/Bank/PDC Payables

Ceaser

• Feb 25th, 2018

Provision is a liability account and not an expense account

Answer Question  Select Best Answer