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Best way to understand is through an example: If in 2010 you have a provision for tax of $2,000 payable for accounting. However the actual tax paid was $1,500. You would have an over provision of income tax. So once the tax is paid in 2011 it will Dr Provision Cr Bank. So in 2011 the amount of the over provision must be adjusted by: Dr Provision for tax Cr Income tax expense This will clear out the tax provision for 2011 resulting from the over provision. Same concept applies to under provsions.
there are women that are fir fighters but they are still dominated by men
providing more than what's needed.
The science of plumbing has changed trmendously. Plumbing codes have been developed not only to provide safety in home but to meet the needs of the Fire Services Department.
Southern Cross Healthcare provided healthcare and social services as a private solution, mainly through the provision of care homes for elderly people and at some instances, younger people. At its peak they provided up to 37000 beds, over 450 care homes with a staff force of over 41000 staff.
The reserve for bad debts is a provision set aside for debts (debtors) in the balance sheet that might not be collectable. This provision can be either specific or general: * Specific bad debt provision - a provision set aside for specific or identified individual debts considered not collectable. This provision is allowable for tax deduction * General bad debt provision - a provision set aside for non specific debts, it might be for eexample 100% of all debts over 90 days old and 50% of debts over 60 days old. It is a general provision to cover the fact if any of these debts go bad and is not an allowable deduction for tax purposes
how the anemometer changed over time
how the anemometer changed over time
The laws of physics have not changed over time. Our understanding of them has changed over time.
Wave rock has changed over the years because it has changed colour
yes it has changed over many years
how has coal mining changed over time