WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL
RESERVE?
Answer Posted / vadlakondav
capital reserve is a reserve created to deal with general,
unspecified contingencies such as inflation.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 ? | 29 Yes | 12 No |
Post New Answer View All Answers
what do you mean by accounting (or) why accounting ? ( generally we have to speak about our achivements and goals)
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
can u let me know how the bankers calculate interest on O.D.account
what is the difference between f.f.s and c.f.s?
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
what is non stock?
what is ZBA hold & balance hold in banking?
what are the different kinds of cash books
why the RRB'S not lend loans directly to farmers?
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
Short Answer on __________Leverage
i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
Short Answer on _____________Intangible Assets