what is Investment Fluctuation Fund? is it reserve or
provison?
Answer Posted / grewal rajwant kaur
It is not an accumulated reserve but an provision made
against asset hence not credited to partner's capital like
reserves like profit and loss a/c,general reserve,workmen
accident compensation fund etc but will be shown in the
balance sheet liablity side
| Is This Answer Correct ? | 43 Yes | 14 No |
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sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
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