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

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C3 Provisions and Reserves1 Mark
Question
Give four examples of specific reserve.
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Answer

Following are the four examples of specific reserve: $(1 )$ Dividend equilization fund, $(2 )$ Debenture redemption fund, $(3 )$ Investment fluctuation fund and $(4 )$ Sinking fund.

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