Different Types of Reserves

Types of Reserves:  A)  Revenue Reserves: Revenue Reserves are the reserves which are created out of revenue profits which have

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What is Provisions?

Provisions: The term Provision means the setting aside of an estimated amount to meet known liability or loss the amount

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What is Depreciation?

The term Depreciation means Loss or Diminution or decrease or decline in the value of fixed assets. The decline in

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