what is the difference between "reserve" and "fund"



what is the difference between "reserve" and "fund"..

Answer / ankur garg

reserve- part of profit kept for use in future in business
fund- when the amount of reserve is invested outside the business in readily saleable Govt.securities/investment

Is This Answer Correct ?    20 Yes 4 No

Post New Answer

More Accounting General Interview Questions

what is SEC?

5 Answers   Genpact,


what are the voucher entries in tally for medical insurance

1 Answers   ABC,


what is the journal entries of payable?

5 Answers  


If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the amount of purchase will be (a) Rs.80,500 (b) Rs.74,900 (c) Rs.74,700 (d) Rs.80,900.

4 Answers   Infosys,


what is debit note & credit note?

2 Answers  


what is meant by spin-off

2 Answers   Genpact,


What is difference between financial lease & operating lease (IAS 17)? Also pass the journal entry treatment for both the leases.

1 Answers   QX Limited,


Suppose a person is paid @ Rs.1 Lac Per Month for 2 months by the Owner/Director prior to the Company's incorporation for Managerial work and that person continues to work with the Company . Is the Director liable to deduct TDS on his Employee's Salary before incorporation also? And when the Company is incorporated after 2 months, Is it possible to show this expenses as Pre-incorporation Expenses?.What would be treatment for Salary Paid and TDS Deducted when the Company is incorporated? How will we give TDS Certificate to the Employee at the end of the Financial Year?

1 Answers   TCS,


what type account are below Debentures Bank overdraft

1 Answers  


Why do you want to be an accountant?

1 Answers  


Diffirent betwen Capital Expendature & revenue expendature

8 Answers   Genpact, IBSN, Malbro,


Capital employed

3 Answers  


Categories