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What does provision of income tax mean?
Estimation of the taxes for the current year
What does energy provision mean?
w
What does the word Jiren mean in the Bible?
provision
What are two problems the early colony's faced?
Running out of food and the provision of shelter.
What does Tax provision package mean?
examples: "provide assistance on the Tax Provision Package and FAS 109"; "to complete a US GAAP Tax Provision package".
What is bonus provision?
Bonus provision means to create provision for future uncertain liability.which we have to pay next year or further.it is like provision for exp which we create for that exp. Which are unexpected but there is possibility that at any time in future we have to pay.
Why do you pass provision entries?
you make the provision for the Expenses. it is planning for future expenses after the year end it is estimation of that expenses come next years, so company make the provision for that expenses.
What is provision for depreciation?
Provision of depreciation account is the account of provision of depreciation.First of all we should understand provision of depreciation .Provision of depreciation is the collected value of all depreciation. With making of this account we are not credited depreciation in asset account. But transfer every year depreciation to provision of depreciation account. Every year we adopt this procedure and when assets are sold we will transfer sold assets 'total depreciation to credit side of asset account. For calculating correct profit or loss on fixed asset. This provision uses with any method of calculating depreciation.
What does insurance provision mean?
Insurance provision means the conditionality to be adhered to by both the insured and the insurer,as embedded in an insurance policy bond.
What does provisum mean?
what you have in stock, concerning food in particular. Provision
What does provision mean in Tagalog?
Tagalog Translation of PROVISION: pabaon
Provision for discount on debtors and provision for discount on creditors?
a provision is set up to give discounts to debtors who settle accounts early. as the company are not receiving the full debt they have a provision in place in this eventuality. This is seen as an expense to the business and brings the amount the debtors down. In other words dr P&L and Cr debtors in balance sheet
