what are the similarities between provision and reserve?
Answer Posted / arun kumar
provision is the amount kept a side for future known
liabilities
reserve is an amount kept a side to face future risk occur
in the business
Is This Answer Correct ? | 4 Yes | 3 No |
Post New Answer View All Answers
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?
What is full rate on plywood box in haryana sale tax:
Is buy or sale trade will impact on Nov? Yes/No Please explain.
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.
how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
any one provide me mm & fi configration steps
How do you build a successful business relationship?
can i material bill book in miro without vat on transport charges ?
What are negative postings?What are Credit memos ?Payment Requests ?
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
Tell us what is the abbreviation for the accounting terms debit and credit?
all ques. related to accounts?
Pass the journal entry: rent outstanding
What are the methods used in different industries for labor and non-labor costs in Projects.