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 / nadeempasha

Reserves are the balance which is reserved by the co for the
further planning of the business and surplus profit is taken
under Reserve and surplus account.

But Provisions are thos balances which are prepared for
unexpected losses in future like Bad debts, bad debts
written off...

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L

2505


Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.

1981


EXPAND_________SEC

2207


Difference between nonoperating expentiture and non cash expenditure

2363


what is the good prasentation on interview

2401


Expand---------BPCD

2007


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

2000


your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework

1859


HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?

2028


i want report country wise with invoice number for gl account

2200


What is the Finalization of Accounts?

2262


intorduse your self ? what to say if iam fresher.

2587


what are the steps used in UAT in Oracle Apps?

1787


Is interest of a business unit Operating Expense or Non Operating Expense

1872


What is fixed liabilities

1965