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Account 59 – Provision for reduction in price and for risksThis account is utilized to record provision for diminution in the value ofinvestment securities together with other liquid belongings which isn't consideredirreversible. In addition, it truly is accustomed to file provision for short-term challenges of afinancial mother nature.The transactions handed through this account are:(1)DR account 679 – Economic costs offered forCR account 59x – Provision for reduction in price and for risksTo report provision for loss in worth and for dangers.
The listing broker’s provide of compensation is built only to individuals of the MLS the place the listing is filed
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