A provision is
...A provision is
An amount set out of profit for other uses
An amount of loss from trading activities
An expense of buisiness to be paid for in cash
A loss in value of all business assets
Correct answer is A
No explanation has been provided for this answer.
In which of the following is purchase of fixed assets on credit first recorders? ...
In a departmental account, the expenses to be apportioned on the basis of turnover is ...
The major focus of the trading account is to show ...
Which of the following is a charge against profit? ...