Difference between Provision & Reserve?
Answer Posted / kiran kumar
The money which is kept aside for a known event is said to
be PROVISION
The money which is kept aside for unknown event is said to
be RESERVE
Is This Answer Correct ? | 135 Yes | 33 No |
Post New Answer View All Answers
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
What elements of your job do you find most difficult
in what form is crr kept in RBI?
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
distinguish between Bill of Exchange and Promissory Note
Explain the word Liquidation
what is meant by cash purchase?
what is the difference between financial accouning and financial management?
WHAT ARE EQUITY SECURITIES?
1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation
Indian Iran Gas pipeline
why do you think you are sutable candidate for this post
bank exam paper
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?