what is Investment Fluctuation Fund? is it reserve or
provison?
Answer Posted / marudhappan
Imvestment fluctuation fund is not a reserve...it is a provision for investment i.e., land, building etc...it will come under liability side in the balance sheet...if any balance remains in investment fluctuation reserve after clearing the losses..it will be distributed to the partners in their ratio.
Is This Answer Correct ? | 8 Yes | 5 No |
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