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Different between reserve and provision?
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Different between reserve and provision?
Reserve is a charge against appropriation while provision is a charge against Profit. Provision is a type of expense that may or may not be incurred in future. But reserve is that part of net profit that the owners don't distribute among themselves.
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Different between reserve and provision?
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Different between reserve and provision? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Different between reserve and provision? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Different between reserve and provision?.
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