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What is the difference between the reservation account and the accumulated account?

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Question added by Momen Lotfi , GL Section Head , Pepsi Cola Egypt
Date Posted: 2016/12/30
Mohammed Omar Khan
by Mohammed Omar Khan , Chief Accountant , El Alfy Co. for Marble & Granite Contracting LLC

Accumulated account -

Eg:- Accumulated Depreciation - The total depreciation of the fixed assets is accumulated depreciation and is decreasing the value of the asset and certainly not the cash on hand.

Reservation account - All the general reserves such as operating reserves, equity reserves are the cash on hand available to withstand the organisation.

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