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what is Investment Fluctuation Fund? is it reserve or
provison?
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Answer Posted / grewal rajwant kaur
It is not an accumulated reserve but an provision made
against asset hence not credited to partner's capital like
reserves like profit and loss a/c,general reserve,workmen
accident compensation fund etc but will be shown in the
balance sheet liablity side
| Is This Answer Correct ? | 43 Yes | 14 No |
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