Question
A provision differs from a contingent liability because provision:
More Accounts Questions
- Which of the following is NOT classified as a financing activity under AS 3?
- There are three types of single entry systems. Which of the following is not a type of single entry systems?
- ABC Ltd. incurs direct material cost ₹8,00,000, direct labour ₹5,00,000, and factory overheads 60% of direct labour. Administration overheads are ₹3,00,000...
- Which one of the following is a deferred tax asset?
- What are the reasons for differences between the bank balance and book balance?
- X Ltd. is merged with Y Ltd. under the pooling of interest method. The reserves and surplus of X Ltd. amount to ₹10 lakhs. How will this be treated in the ...
- GSTN is a -----------
- Which of the following transactions is revenue expenditure?
- Which GFR (2017) rule is applicable for GeM?
- A company records Net Sales of ₹60,00,000, of which 50% are on credit. The opening receivables were ₹2,00,000 and the closing receivables were ₹4,00,000. ...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt