meaning of reserve
This query is : Resolved
04 December 2008
Hi
What is a revenue reserve and capital reserve can you explain me with an example
What is a revenue reserve and capital reserve can you explain me with an example
06 December 2008
Capital Reserve- Reserve created by the accumulated capital
surplus( not the revenue surplus) of the firm e.g an upward
revaluation of assets by a firm to reflect its assets at
the current market values after appreciation.
Reserve Capital- Part of the authorized capital of a firm
which has not yet called up and is available for drawing in
case of need.
surplus( not the revenue surplus) of the firm e.g an upward
revaluation of assets by a firm to reflect its assets at
the current market values after appreciation.
Reserve Capital- Part of the authorized capital of a firm
which has not yet called up and is available for drawing in
case of need.
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