Reserve is the part of HomeFinancial Accounting MCQsReserve is the part ofQ. Reserve is the part ofA. ProfitB. DividendC. BonusD. All of the aboveAnswer: Profit
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is