Reserves
srihari (student) (104 Points)
17 March 2019
can anyone detail the types of reserves created in accounting. the manner of creation and utilisation thereof.
2 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 17 March 2019
debenture redemption reserves created for redemptiob of debenture
capital reserve created on capital profit earned
general reserve created for issue if bonus shares, dividend payment etc...
capital reserve created on capital profit earned
general reserve created for issue if bonus shares, dividend payment etc...
srihari
(student)
(104 Points)
Replied 17 March 2019
capital reserve
reserve capital
CRR
DRR
revaluation reserve
securities premium
and any other
there creation and utilisation w.r.t. AS/ companies act
reserve capital
CRR
DRR
revaluation reserve
securities premium
and any other
there creation and utilisation w.r.t. AS/ companies act
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