capital reserve
This query is : Resolved
Guest
Guest
(Querist)
07 February 2009
what is capital reserve ?what is its use?
07 February 2009
Reserves created by the accumulated capital surplus, not revenue surplus, such as by upward revaluation of assets to reflect their current market value is generally called capital reserve.
08 February 2009
Reserves created by upward revaluation of Fixed Assets are known as Revaluation Reserves.
Capital Reserves Are Capital Profits.
Capital Reserves Are Capital Profits.
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