what do mean by reserve and provision both are same or not?
Answer Posted / rangapadmaja
provision is charge on profits
reserve appropriation of profits
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do
When Tds is applicable to deduct and wht is rate for different work panel?
bank releted question interviw plz tel me
What are the major components of country's trade account?
My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
What is difference between Cash Flow and fund flow
You are a B.E Student? How can u manage Banking?
Explain the types of ledger?
Explain me what is tally accounting?
A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.
what are the different methods of teaching share and debenture to pre degree students
Tell us do you have any idea about service tax or excise?