Accountancy, asked by anushkagaur6057, 11 months ago

State the purposes for which provision are created?

Answers

Answered by princesskajal
8

Answer:

Plz mark it as brainlist plzzzz

Explanation:

The purpose of a provision is to make a current year's balance more accurate, as there may be costs which could, to some extent, be accounted for in either the current or previous financial year.

Similar questions