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What is Specific reserve?

+3 votes

asked Apr 3, 2019 in Class 11 by kratos

What is Specific reserve?

class-11
provisions and reserves
depreciation

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1 Answer

+3 votes

answered Mar 21, 2020 by kratos

Best answer

Specific reserve is the reserve which is created for some specific purpose and can be utilised only for that purpose.

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