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.
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Capital receipt is collected ...
The subscribed share capital is ...
Goodwill can be created in the books of a partnership firm when ...
When a customer's cheque is returned unpaid in a debtor's control accounting system, the tre...