What is the difference between Capital Reserve and Reserve
Capital?
Answer Posted / avanish bhargava
Reserve Capital: It is uncalled capital which can be called
up by the company in case of an emergency. It is a part of
Authorized Capital.
Capital Reserve: It is created out of capital gains like
revaluation of fixed assets, gain on reissue of shares
aftere forfeiture.
Is This Answer Correct ? | 15 Yes | 7 No |
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