Reserves Utilisations

This query is : Resolved

shiva ramanjeneyulu (Querist)
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29 August 2008 I require small clarification

1)when there is a capital reserve in the balance sheet it entity may be desired to take any capital asset

Then accounting treatment for that is

asset a/c dr
to bank

and any accounting treatment for capital reserve

2)when the reserve is utilised for any purpose thing is that Ivestment is made in an entity

What will be the accounting treatment for reserve

Taranjit Singh

Taranjit Singh (Expert)
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06 October 2009 Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.

Taranjit Singh

Taranjit Singh (Expert)
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06 October 2009 Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.

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