Interested to Buy Any Domain ? << Click Here >> for more details...
What is Capital reserve and Revenue reserve...?
Any example would be highly appreciated.
- 5 Answers
- 34261 Views
- SISA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / prakash
Capital reserve means reserve generated from Capital
Profit.While Revenue reserve means Reserve generated from
revenue Profit.i.e.from usual course of business
| Is This Answer Correct ? | 50 Yes | 13 No |
Answer / deepak n. kolekar
Capital reserve means which comes from dealing with capital
profits. the capital profits can be incurred from like
selling of assets, buying of firm, etc. It means, capital
profits are those which are not incurred from our own
regular dealing.
Revenue Reserve are completely generating from our revenue
profit. revenue profits means the only profit incurred from
the selling of goods.
| Is This Answer Correct ? | 24 Yes | 12 No |
Answer / zahra abbas
Capital reserve is a reserve created to deal with general,
unspecified contingencies such as inflation. It is a fund
set aside for the specific purpose and can not be
distributed for other uses. Normally it is legally not
distributable as dividends to shareholders
Revenue reserve on the other hand is distributable to
shareholders as dividends, for example, the profit and loss
account, general reserve.
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / ruben
Capital reserve denotes funds set aside out of profits
generated from exceptional transactions not occuring in
ordinary courseof business.e.g sale of Assets (being a
going concern), Profits arising in Forfeiture of Shares due
to non payment of calls in arrear etc.They are not
available for distribution to share holders in normal
circumstances.
Revenue reserve denotes profits set aside from transactions
involving ordinary & usual business activities.e.g sale of
goods & services, investment profits if it is in ordinary
course of business etc.They are available for distribution
to share holders in normal circumstances.
| Is This Answer Correct ? | 12 Yes | 5 No |
Answer / deepak choudhary
capital reserve means profits which are not available for distribution among owners,,,,,it includes only those profits which doesnot require a seperate disclosure for example profit on reissue of shares it is used for various purposes like writing off premium on redemption of debenture,fictitious assets etc...
| Is This Answer Correct ? | 1 Yes | 1 No |
my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.
Whst is the formula for getting the GOODWILl ??
Diffeence between cash book and cash account?
IRR and NPV
what is bpo what is kpo
1- Can ledger make without journal?
how many times we can deposit the old currency in one a/c in the bank
what will be the entry for credit purchases with discount
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
Explain a time when you have not met your goal?
what is the balance sheet? And also tell me about the finanacial statement?
WHAT DOES MEAN BY RECONCILLATION EXCESS/SHORTAGE
Audit 
