Accountancy, asked by muskanlalwani71, 5 months ago

Define secret Reserve ​

Answers

Answered by manseeratk50
2

an amount by which stated net worth is reduced by understatement of asset values or overstatement of liabilities. — called also hidden reserve

Answered by kiranshrma778
2

Explanation:

An amount by which state net worth is reduced by understatements of asset values or overstatement of liabilities. It is also called hidden reserve............

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