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Provision for expense or reserved acc????

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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September 4, 2016 at 7:44 am #337435
christinathaiba
Member
- Topics: 12
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A company seperate some amount of money for future expense. What will be the double entry of this ?
September 19, 2016 at 9:40 pm #340962
MikeLittle
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- Topics: 27
- Replies: 23200
None – it doesn’t matter which bank account the money is kept in
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