0
What is the double entry for under provision of audit fee for previous year?
Wiki User
∙ 11y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is Provision for audit fees entry?
what is the accounting entry for provision for audit fees
How do you do double entry on stock provision?
To perform double entry on stock provision, you'd record the company's transactions twice. Two of the accounts in the system will have this.
Double entry book-keeping for a decrease in provision for bad debts?
when there is decrease in provision of doubtful debts the double entry to record it would be ; debit : provision credit: expense /bad debts
Double entry of provision for doubtful debt?
The double entry for recording provision for doubtful debt is: Dr. Doubtful Debts (P&L expense a/c) xxx Cr. Provision for Doubtful debt xxx Once it is certain that the debt has gone bad debt; following entry is made: Dr. Provision for Doubtful debt xxx Cr. Loan / Portfolio xxx
What is the entry of tds provision?
For a provision you initially debit cost and credit provision. When the provision is released you debit your provision and credit cash. The provision should be adjusted to present value on your balance sheet.
What is Provision for audit fees entry?
what is the accounting entry for provision for audit fees
How do you do double entry on stock provision?
To perform double entry on stock provision, you'd record the company's transactions twice. Two of the accounts in the system will have this.
Double entry book-keeping for a decrease in provision for bad debts?
when there is decrease in provision of doubtful debts the double entry to record it would be ; debit : provision credit: expense /bad debts
Double entry of provision for doubtful debt?
The double entry for recording provision for doubtful debt is: Dr. Doubtful Debts (P&L expense a/c) xxx Cr. Provision for Doubtful debt xxx Once it is certain that the debt has gone bad debt; following entry is made: Dr. Provision for Doubtful debt xxx Cr. Loan / Portfolio xxx
What is Journal entry for provision for debtors?
No entry for opening debtors these are just transferred from previous period to current period.
Increase provision for bad debts what is double entry?
Debit Bad Debts Credit Provisions for Bad Debts
What is the entry of tds provision?
For a provision you initially debit cost and credit provision. When the provision is released you debit your provision and credit cash. The provision should be adjusted to present value on your balance sheet.
What is provision Journal Entry?
Provisional entries are made to account for future expenses or foreseen future losses. we will record these provisional entry by, initially debiting Expence account and crediting provision account. when provision is released, we debit the provision account and credit the Expenses account.
What is the accounting entry for provision for gratuity?
Gratuity a/c dr Provision for gratuity a/c
What entry level accounting jobs are available?
There are a lot of accounting jobs reaching high and starting on the entry level. Good jobs to start with are audit accountant, audit associate, payroll associate, account clerk associate.
How can an audit trail be affected by the clients computerisation of the accounting system?
by corupionn of dara entry
State the double entry principle?
state the principles of double entry
