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...

what do mean by reserve and provision both are same or not?

Answer Posted / sandhya

Reserve is amount set aside for future expense and
provision is amount paid for future expense.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why Company maintain's books of account?

1886


What are control ledgers? What are the purposes of maintaining it?

1159


what are the different methods of teaching share and debenture to pre degree students

1940


Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?

1893


Let me know the liability positions of Partners

2005


What does an accurate trial balance suggest?

1096


what is the due date of 28th feb

2449


which report give the data of GL with materials details in sap?

1862


can i material bill book in miro without vat on transport charges ?

2056


What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?

2303


Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

1920


List the type of transactions entered in journal proper.

1140


WHAT ARE THE DIFFICULT ELEMENT OFF JOB

2168


hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me

2266


WHAT IS THE VAT/CST RATE FOR PURCHASING COMPUTER/PHERIPHERALS FROM GUJARAT AGAINST C FORM, FOR DIU (UNION TERRITORY) AND WHAT RATE OF VAT/CST I HAVE TO PAY IN DIU FOR SALE.

3399