CA Day celebration 2024 Easy Office
LCI Learning

creation of capital reserve

This query is : Resolved 

19 May 2010 whether profit generated from sale of fixed assets can be transferred to capital reserve?

20 May 2010 Profit generated form sale of fixed asset shall be treated as revenue profit & cann not be transfered to Capital reserve



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query