Question
Give six examples of specific reserve.
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| $Dr.$ | Receipt - Payment Account for the Year ending $31-3-2015$ | $Cr.$ | ||||
| Income | Amt. (Rs.) |
Expense | Amt. (Rs.) |
|||
| To Subscription: | By Taxes and Insurance | $6,500$ | ||||
| $2013-14$ | $1,200$ | By Salary | $32,800$ | |||
| $2014-15$ | $75,000$ | By stationery Expense | $2,500$ | |||
| $2015-16$ | $1,650$ | $77,850$ | ||||
| $( 1)$ Bad debts reserve | $( 2)$ Debenture redemption fund |
| $( 3)$ Depreciation fund | $( 4)$ Workers accident compensation fund |
| $( 5)$ Discount reserve on debtors | $( 6)$ Dividend equilization fund |
| $( 7)$ Capital reserve | $( 8)$ Workers profit sharing fund |
| $( 9)$ General reserve | $( 10)$ Capital redemption reserve. |