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P2 C3 Provisions and Reserves — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C3 Provisions and Reserves1 Mark
MCQ
General reserve is created by debiting $......... $ account.
  • A
    Profit and loss account
  • ✓
    Profit & loss appropriation A/c
  • C
    Trading A/C
  • D
    Capital A/C
✓

Answer

Correct option: B.
Profit & loss appropriation A/c

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