Reserves
Reserves are the investment derived
from the dividend itself. When an owner of the company reinvests his dividend
back into the same company itself can be called as reserves.
from the dividend itself. When an owner of the company reinvests his dividend
back into the same company itself can be called as reserves.
Provision
Provision is an amount accounted in
books to cover a future liability.
The following table will give you a clear picture of reserves and
provision.
provision.
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| Reserves and Provisions _ JafarPP.in |
