What is the difference between a payable and a provision?

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Financial Accounting An Integrated Approach

ISBN: 9780170349680

6th Edition

Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson

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Question Posted: Jan 25, 2024 05:00 AM

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What is the difference between a payable and a provision?

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Both payables and provisions are liability accounts but they serve different purposes and are used i...View the full answer

Financial Accounting An Integrated Approach

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