Which of the following is the example of Revenue Reserve? *
Profit on Redemption of Debentures
Profit on Revaluation of Fixed
Investment Fluctuation Fund
Profit on Re-issue of forfeited shares
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Investment fluctuation fund
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We need to give an example of Revenue Reserve from the options given and the correct answer is Investment Fluctuation Fund.
- A Revenue reserve is an amount that the company reserves for its future needs.
- An Investment Fluctuation fund is a provision maintained for any change in the market value of the investment.
- This fund is created to adjust the price of investments.
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