An amount set aside out of profit for a specific purpose is a? by Sunday | Apr 7 | Accounting WAEC | 0 comments A. reserve B. liability C. provision D. discount Correct Answer: Option A – reserve Users Also Read These:Calculate the energy required to vapourize 50g of…The business organization established mainly for the…A fixed amount of money set aside for petty expenses is?Interest on drawings is 5%, interest on capital is…Ice of mass 10g at 5ºC was completely converted to…