Reserves and surplus vs authorised capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 January 2013
Sir,
My query is can we book reserves and surplus morethen Authorised Capital Amount.
Kindly reply.
Aarti
My query is can we book reserves and surplus morethen Authorised Capital Amount.
Kindly reply.
Aarti
Guest
Guest
(Expert)
16 January 2013
Yes why not? Reserves are related to profit accumulated and transferred to reserve a/c. Nothing to do with authorised capital.
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