Question
Which of the following is the most likely journal entry to recognise a provision? a. Debit - Provision Credit - Payable b. Credit - Cost
Which of the following is the most likely journal entry to recognise a provision?
| a. | Debit - Provision Credit - Payable | |
| b. | Credit - Cost of sales Debit - Provision | |
| c. | Debit - Payable Credit - Provision | |
| d. | Debit - Cost of sales Credit - Provision |
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CIA Part 1 Essentials Of Internal Auditing Certified Internal Auditor 2019
Authors: Muhammad Zain
1st Edition
1091949182, 978-1091949188
