Nigerian Scholars » Past Questions » Accounts » The amount set aside out of profits earned by a company which is not meant ...

The amount set aside out of profits earned by a company which is not meant ...


Question

The amount set aside out of profits earned by a company which is not meant for liability or contingency are ______.

Options

A) dividends

B) provisions

C) retained profits

D) reserves

The correct answer is D.


More Past Questions:


Discussion