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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 44: Depreciation and Reserves: Understanding the Accounting Concepts
  5. Question
    These Reserves Are Created Out of Revenue Profits of the Business
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These Reserves Are Created Out of Revenue Profits of the Business

Question 67

Question 67

Multiple Choice

These reserves are created out of revenue profits of the business for a specific purpose:


A) Specific Reserves
B) General Reserves
C) Capital Reserves
D) none

Correct Answer:

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