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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
Out of the following which amount is reserve?
  • A
    Depreciation fund
  • B
    Sinking fund
  • C
    Investment fluctuation fund
  • ✓
    Dividend equalization fund
✓

Answer

Correct option: D.
Dividend equalization fund

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