what is Investment Fluctuation Fund? is it reserve or
provison?

Answer Posted / mahima

Investment fluctuation is a type of reserve but it may be created out of profit ,so that any loss due to decrease in value of investment can be met out of investment fluctuation fund and left balance is distributed among the old partners in there old profit sharing ratio

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is a trial balance in accounting?

658


what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software

1054


Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.

1564


what made you take up present subject/area of specialization and what would you define as your career objectives

1676


how calculate intrest on advance tax ? and penalty on vat?

1549






Tell us what inspired you to move to the next opportunity?

603


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

1566


How do I record a prior year property tax refund on sale of asset due to overvaluation

987


my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz

906


what will be the possible question for an interview in account post as a fresher

1529


What is the meaning of scrap value in accounting?

715


in trading credit why does goods sent on consignment come?

1489


what is ment by suspence account and dummy account

1567


Explain have you ever prepared mis reports and what are these?

625


what is difference among credit, loan, advance

1449