Accountancy, asked by princekumar8432, 3 months ago

difference between reserve and provision​

Answers

Answered by Sowmya6116
2

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 babybhullar20
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

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