what is mean by reserve?
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Answer / deepti nauni
reserve means amt set aside out of profit and other surplus
to meet future uncertanities
Is This Answer Correct ? | 29 Yes | 0 No |
Answer / sudhakar
an amount set aside out of profits or other surplus and
designed to meet contingicies
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / maqbool
A reserve is an also an amount set a side from out of
profit but the amount not for anticipated liability.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anu
an appropriation of profits to meet unknown events in the future
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / salma
There are same debts which are likely to fall under bad
debts but we cannot say now that they are bad debts
there fore a provision is made for anticipate bad debts
from current year profit
Is This Answer Correct ? | 0 Yes | 3 No |
i m a student of icwai just passed out my foundation exam nd i wanna know whether it is necessary to 1st go for group 1 of intermediate or group second can also be taken 1st..
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What would happen to a company’s stock if it announced a large loss due to a write down on goodwill?
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26 Answers Accenture, Capital IQ, Genpact,
what is amortization
if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever