Answer Posted / sandhia

Provision is a charge on profit where as reserve is an appropriation of profit.
Provision is created on known liability where as reserve is created on unknown liability.
Provision is created even if there is no profit where as reserve is created when there is enough profit.

let me know the minimum Accounting Heads in an accounting system

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business sepsarate entity concepts

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what is Exposure ?

1988

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1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?

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Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

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Expand-------NABT

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Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

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