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Querist : Anonymous

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Querist : Anonymous (Querist)
02 January 2013 what is reserve & surplus

what is cash in hand
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@VaibhavJ

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@VaibhavJ (Expert)
02 January 2013 Hi

Cash in Hand is actual cash balance as on date.

Reserve & Surplus is amount transferred from Profit & Loss A/c to R&S a/c to meet certain capital purchase or as required by law.

Thanks!!

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