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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
Secret reserve is also known as $………$
  • A
    External reserve
  • ✓
    Internal reserve
  • C
    Hidden reserve
  • D
    Closed reserve
✓

Answer

Correct option: B.
Internal reserve

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