what do mean by reserve and provision both are same or not?
Answer Posted / swapnananda
reserv kept for use in fufure,but provision is an expense
for the organization.reserve and provision is not same.
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
in trading credit why does goods sent on consignment come?
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
what is basic general accounting.
How many accounting standards are currently published?
we can transfer stock between two firms with same name but prop. is different.
Mention what are things will not be included in a bank reconciliation statement?
what is cost unit n what is cost sheet?
What does overhead mean in regards to accounting?
What is the difference between cfa and csa?
any one provide me mm & fi configration steps
why accounting is important in business?
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
what is cost center & cost categories in tally
What is deferred account?
Cost Accounting