Explain the difference between an accrued expense and a provision.
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Explain the difference between an accrued expense and a provision.
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Both accrued expenses and provisions are accounting concepts used to account for future liabilities or expenses but they have slightly different meani...View the full answer
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Related Book For
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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