Reserve and surplus
This query is : Resolved
22 February 2013
Dear Experts
how a private limited company can use reserve and surplus standing in balance sheets of the company?
Its getting increase year by year and now a big amount is standing in the books.
how a private limited company can use reserve and surplus standing in balance sheets of the company?
Its getting increase year by year and now a big amount is standing in the books.
22 February 2013
U can use it to declare dividend or bonus shares or buyback of issued share capital.
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