Interested to Buy Any Domain ? << Click Here >> for more details...
what is a difference b/w provision and reserve
- 3 Answers
- 7081 Views
- ABC, OPI Global, I also Faced
- E-Mail Answers
Answer Posted / venkatesh
provision and reserves are maintained under the profit and
loss account only.the main differance bet ween the
provision and reserves are
provision:
Provision is created out of profits for the perticular
purpose of exependiture only.
ex:provision for income tax and provision for depreciation
etc...
Reserves:
Reserves are maintained for the purpose of future
obligations.Those reserves are also different types.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
when apply for ragistred in central excise no
what is a Depository Participant?
How good are you at Finance?
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
can any one send me payables real time scenarious or any projects
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry
how to maintain E-Commerce companies accounts
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
Give me total Details of payroll calculation, payslip with examples.
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
can u let me know how the bankers calculate interest on O.D.account
How Many Types of Excise Duties?
Expand-----RTD
define fixed assets
