Accountancy, asked by soniyakothari1511, 4 months ago

balance is mentioned below are appropriated from profit state whether it is Reserve or provision first provident fund general reserve workers profit sharing fund capital redeem option reserve sinking fund secret reserve​

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Answered by problems1359
0

Answer:

The reserve fund is created by allocating a portion from the profits earned each year. ... separated from the general mass of profits with a view to constituting it either as a general reserve

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