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Posted byAdmin
Reserve vs Provision Provisions and reserves are important components in accounting. Reserves are seen as positive as they add onto the company’s profitability and can be used to provide for unexpected future losses, distribution among shareholders, or reinvestment in the business. Provisions, on the other hand, provide for any losses, expenses, liabilities, or depletion […]
Posted byOlivia
警卫队vs Reserve In every country there is a reserve component for its armed forces. In US, this component is referred to as National Guards and the Reserve. Many people think of guards and reserves as same because of same uniform. However, this is not true though both happen to be reserve components of […]
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Capital Reserves vs Revenue Reserves Reserve is an appropriation of profit. Any company must have financial reserves to meet its sudden financial requirements, for growth and development, to expand the business in other areas, etc. Reserves in any company can be broadly categorized into two based on the kind of profit it appropriates. One category […]