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...

Define Reserve & Provision?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why do you want to work here?

2097


What is outsider equity and time interest period ratio?

1873


what types of essays are giving in bank of america. can any one tell the opics? LAVANYA

2006


A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in

1930


Expand-------NAC

2196


Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c

1791


what are the accounting ratios

2386


after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...

1942


EXPAND___________NAC

2029


can we get all interview questions with answers in tally 9 which mostly asked in MNC's.

2359


i want the difference p&l a/c and Income and expediture statement

2045


plz send me the accounting questions and answers of bank of america.

1837


What is back value adjustment/correction in Nostro Reconciliations?

7648


Expand---------MDOT

1961


what is Contra Asset?

13452