Interested to Buy Any Domain ? << Click Here >> for more details...
Define Reserve & Provision?
- 4 Answers
- 18293 Views
- Hindustan Copper Limited, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vellingiri
Reserve:
Reserve is created out of the profit of a company for the
purpose of distribution of divident and redemption of
shares/debentures etc.
Provision;
Provision is created for a particular purpose for
example income tax provision. So that particular provision
can be utilized for that particular purpose.
| Is This Answer Correct ? | 32 Yes | 3 No |
Answer / adit
reserve is a part of divedent which company kept for itself for future growth and expansion.
| Is This Answer Correct ? | 14 Yes | 5 No |
Answer / ashok
Reserve
Reserve is Created to Meet Future Unexpected Exp. or
Liability
provision
provison is Created to meet Expected expenses (but unknown
figure)of Accounting Period in Future.
| Is This Answer Correct ? | 13 Yes | 6 No |
Answer / vijayakumar
Spelling of dividend not divident
In American accounting they use only the term provision or allowance In India now people use both in the same sence
| Is This Answer Correct ? | 0 Yes | 0 No |
wht is zero based budgetting
5 Answers Capital IQ, IQ, MVV Builders, Reliance,
what is debentures
31 Answers eClerx, IBM, Syntel,
What Do You Mean By A Business Event?
what is debit note entry ?
I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.
can any one send me payables real time scenarious or any projects
please proovide the answers for the reasons for the differences of cash book and pass book
after adjusting the amounts accountant of the company prepares which accounts??
hwo to joine accountancy
what is fraud check?
Expand---------TRSP
What do mean by sales ledger and sales account
Audit 
