Question
Give six examples of specific reserve.

Answer

Following are the example of specific reserve:
$(1)$ Dividend Equilization fund
$(2)$ Debenture Redemption fund
$(3)$ Investment Fluctuation fund
$(4)$ Workers accident compensation fund
$(5)$ Provision for Taxation, Gratuity and
$(6)$ Bad debt reserve, Discount reserve on debtors.

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