Question

State whether you agree or disagree with the following statements: a) Provision is an appropriation of profits. b) Creation of reserve increases taxable profits of the business. c) General reserve can be used only for specific purposes. d) Profit on sale of fixed asset should be transferred to General reserve.​

Answer 1

$\huge\bold\pink{hello!!!}$

HERE IS UR ANSWER

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a)disagree

b)agree

c)agree

d)agree