Provision & Accounting Treatment | CBSE - NCERT XI | CA Raja Classes |

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CBSE - Class XI - Accountancy - Module 1 :

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Автор

i seen in a video if we able to know estimated amount of loss then only we call it as provision .
but u are saying estimated amt is not know how it can call as provision?

suryapraveen
Автор

Sir, is "provision for taxation" disclosed in P/L account as an expense ??🙏🏻

AudaciousPooja