Answer Posted / anshita dutta

The difference between reserve and provision is that in reserve both chance of actual liability ( or losses)and amount of liability is uncertain but in provision chances of actual liability(or losses) is certain but it's amount is uncertain.......since we do not know that the value of investment would decrease with 100%certainty therefore it's is a reserve and not provision

which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan

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What are the four classifications of bad and doubtful debts as per the context of the bank?

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1069

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Financial Accounting

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Please let me know Under head of Sales Advance?

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please explain all accounting concepts n conventions in detail

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