Interested to Buy Any Domain ? << Click Here >> for more details...
Waht is general Reserve
- 3 Answers
- 10737 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / dashrath maheshwari
general reserve: it is an appropriation of profit
role: general reserve is created in-order to meet the future
known and un-known liabilities.
| Is This Answer Correct ? | 22 Yes | 4 No |
Answer / rameshreddy
it is accumulatedp profits retained withcompany to meet
future obligations
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / kaushik. k. roy chowdhury
A retained earnings from a
company's profit's.
It is divided into-
a) Specific reserve- it
includes a reassignment of
dividends to shareholders.
b) General reserve- these
are saved to offset
potential future losses.
c) Legal reserve- it is
money set aside for
litigation or revaluation
purposes.
| Is This Answer Correct ? | 2 Yes | 1 No |
What is compensation theorem?
As a Finance Manager what is your role in matters of dividend policy. What will be the alternatives and factors that you may consider before finalizing your dividend policy?
expand I C W A I
What are the steps in doing Finalisation of Accounts
Wat is the diff.between revenue and capital expenditure? Wat is meant by deffered revenue expenditure?
14 Answers TCI, TCS,
what is account & what is finance
WHILE CALCULATING STOCK TURN RATIO WHY WE TAKE AVARAGE STOCK
What is the difference between tds and withholding tax??(new)
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
Short Answer on ______Management Accounting
What is Deposit Clearing House ?
what is capital work in progress?
Audit 
