WHAT IS PROVISION?PROVISION & RESERVE | CLASS 11th

In this video, CA Gautam Jain Sir explains the concept of Provision from the chapter “Provision and Reserves” in Class 11 Accountancy in a very clear, detailed, and exam-oriented manner.
This is one of the most crucial and frequently asked concepts in CBSE exams, and many students get confused between Provision and Reserve. In this lecture, Sir explains:
✅ What is Provision in Accounting
✅ Meaning and definition of Provision
✅ Why provision is created
✅ Types of Provision
✅ Difference between Provision and Reserve
✅ Provision with simple and practical examples
✅ Common mistakes students make in exams
✅ How to write answers properly in CBSE exams
The explanation is student-friendly, concept-based, and perfect for students who want to build strong fundamentals in Accountancy. If you are preparing for Class 11 CBSE exams, school tests, or want to strengthen your basics for Class 12, this lecture is a must-watch.
🎯 Best for:
• CBSE& OTHER BOARDS Class 11 Accountancy Students
• Commerce Students (Beginner Level)
• Students confused between Provision & Reserve
• School Exams & Annual Exams Preparation
📌 Watch till the end to fully understand this high-scoring topic with clarity and confidence.
👉 Like | Share | Subscribe to Gautam Jain Academy for more such quality Commerce lectures.

#Class11Accountancy
#ProvisionAndReserve
#ProvisionInAccounting
#CBSEClass11
#CBSEAccountancy
#CommerceClass11
#AccountancyConcepts
#ProvisionVsReserve
#Class11Commerce
#CBSECommerce
#AccountsClass11
#AccountancyByGautamJain
#GautamJainAcademy
#CSGautamJain
#AccountingBasics
#ProvisionExplanation
#ImportantTopicsClass11
#CBSEExamPreparation
#SchoolExams
#CommerceStudents
#AccountancyLecture
#LearnAccountancy
#AccountancyForBeginners
#Class11CBSE2026
#CBSEBoard
#CommerceEducation
#AccountingLecture
#ProvisionMeaning
#ProvisionExamples
#AccountancySimplified
#CommerceYouTube
#BestAccountancyTeacher
#CBSEStudyMaterial
#Class11Preparation
#AccountancyRevision
#ProvisionConcept
#CommerceFoundation
#AccountsConceptual
#ProvisionAccounting
#ReserveAndProvision
#CBSEAccountancyClass11
#AccountancyNotes
#CommerceLearning
#Class11Accounts
#CBSEStudents
#IndianEducation
#AccountingEducation
#ProvisionInBalanceSheet
#ExamOrientedPreparation