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:Interest on drawings is 5%, interest on capital is…Gamji Memorial Club carried out an activity which…Ice of mass 10g at 5ºC was completely converted to…A solid of mass 0.5kg initially at 50oC melts at…The business organization established mainly for the…