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 / guest

Reserves is something that the company has with
itself....whereas provisions are expenses tat company
expects and provides for the future....

Is This Answer Correct ?    14 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you need an income statement if you do part time contract work at home?

2174


Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

2285


Short Answer on ___________Appreciation

1966


A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if.  The selling price is reduced by 5 %.  Fixed cost is increased by 2 lacs

1822


Please explain a Representative Personal Account.

2093


What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?

2308


Short Answer on ______Budget

1948


How Are The Balance Sheet And Income Statement Connected?

1183


WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

2048


Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa

2080


I want to know with example of vat & Salestax

2308


Total numbers of companies listed on stock Exchange?

2539


What is the use of final account?

1837


What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?

2105


How to enter PO in SAP

1954