Debenture redemption reserve
VK ( ) (31 Points)
25 April 2014VK ( ) (31 Points)
25 April 2014
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3368 Points)
Replied 25 April 2014
Reserve is created when there is enough profit in the business. Provision is created even if there is loss in the business.
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