Secret Reserves and Methods of Creating Secret Reserve

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BACHELOR OF COMMERCE – B.Com Solved Assignments for July 2019 and January 2020 Admission Cycles

BCOM Tutor Marked Solved Assignment

Course Code : ECO – 02
Course Title : Accountancy – I
Assignment Code : ECO-02/TMA/2019-20
Coverage : All Blocks

ECO – 02 Accountancy – I Solved Assignment for 2019-20

Question 5. (b) What is a secret reserve? Enumerate the method employed by a firm to create secret reserves. Critically evaluate the practice from the viewpoint of general investors and shareholders.

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