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Vivei sarma

This query is : Resolved 
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(Querist)
22 October 2014 Can there be a reserve created for future discount which may be or may not be given by creditors which may be a profit or income. . If such a reserve can be created is it not contradictory to CONSERVATISM CONCEPT??
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vivek sarma

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vivek sarma (Querist)
22 October 2014 Please answer my query frnds
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
24 October 2014 no. it should not be created.....
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
24 October 2014 no. it should not be created.....
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