Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

WHAT ARE THE DIFFERENCE BETWEEN RESERVES AND PROVISIONS?

Answer Posted / praveen kumar

Reserves are those amount which is reserved by the company
for future unexpected losses.Where as the provision are
those amount which is reserved by the company for a
specific expenses in future.

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1902


At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?

2060


What is Risk Assessment?

1932


Define the word Profit in terms of business

2128


1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

2214


which is the combine entry in ERP?

2261


proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario

1500


How good are you at Finance?

2108


What is Financial planning?

2032


is it necessasary to make a partnership deed

2917


Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .

4374


how will i develop my fears in interviewd?

2017


how to make a project accounting in tally erp9 ?

6794


what is the main difference between nse & bse operations

2037


Expand---------TDCB

1908