What is reserves
Answers were Sorted based on User's Feedback
Answer / navin kumar
A reserve is profits that have been appropriated for a particular purpose. Reserves are sometimes set up to purchase fixed assets, pay an expected legal settlement, pay bonuses, pay off debt, pay for repairs and maintenance, and so forth.
Is This Answer Correct ? | 2 Yes | 0 No |
from profit some amount will transfer to Reserve account to meet the future sudden events
Is This Answer Correct ? | 0 Yes | 0 No |
if a company go with new public issue so what effect will it make on the devident ration of present shareholder?
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
why only 6 months interest is charged on drawings
WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT
BRIEF IN DETAIL REGARDING RATIOS
Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?
under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?
what do you mean by bank reconocilition statement
Balance Sheet
2 Answers Chartered Accountant,
variable cost are fixed: 1) for a period 2) per unit 3) depend upon the entity 4) for a particular process of production
Why Company maintain's books of account?
My company has taken a car loan from HDFC Bank, Assume 7.5 lacs. but it disbursed after deducted adv emi. how to pass the jv for that . Plz pass the entry