Provision Vs Reserve | Difference Between Them with Definition & Comparison Chart
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Provision Vs Reserve | Difference Between Them with Definition & Comparison Chart
The video begins with explaining the basic concept regarding why we create provisions and reserve. As we move further in this video, we have explained the meaning of provision with example and when do we make provision. Thereafter, we have explained reserves and its types. Then, using a practical example we have explained its accounting ...
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