Accountancy, asked by komalsaharan7830, 23 days ago

difference between provision and specific reserve​

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Answered by Anonymous
1

Answer:

A reserve is an appropriation of profits for a specific purpose. In short, a reserve is an appropriation of profit for a specific purpose, while a provision is a charge for an estimated expense.

Answered by Anonymous
0

Answer:

A reserve is an appropriation of profits for a specific purpose. In short, a reserve is an appropriation of profit for a specific purpose, while a provision is a charge for an estimated expense. ...

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