An amount set aside out of profit for a specific purpose ...
An amount set aside out of profit for a specific purpose is a
Reserve
Liability
Provision
Discount
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a type of branch? ...
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The term 'posting' in Accounting refers to ...
Which of the following is used to record the purchase of fixed asset on credit? ...
The transactions relating to liquidation in partnership account is drawn by using? ...
Interim dividend paid in the year is.......... ...
Which of the following is true in Public sector accounting? Cost of assets is ...