Question

Give four examples each of ‘provision’ and ‘reserves’.

Answer 1

Answer:

Examples of Provisions are provision for doubtful debts, provision for taxation, provision for repairs and renewals and provision for depreciation. Examples of Reserves are general reserve, workmen compensation fund, investment fluctuation fund and capital reserve etc

Answer 2

Answer:

Same as written by Darshit 28...!!

hope it will help you..!!