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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
Provision is created out ofaccount.
  • A
    Profit and Loss A/c.
  • ✓
    Profit and Loss appropriation A/c.
  • C
    Trading A/c.
  • D
    Capital A/c.
✓

Answer

Correct option: B.
Profit and Loss appropriation A/c.

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