Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL
RESERVE?
- 11 Answers
- 27502 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / sachindra kumar rai
Reserve Capital
A limited company may, by special resolution, determine
that any portion of its share capital which has not been
called up shall not be capable of being called up, except
in the event and for the purpose of the company being wound
up, and thereupon that portion of its share capital shall
not be capable of being called up except that event for
those purposed.
Capital reserve
A reserve is not available for distribution as dividend.
Capital Reserve- Reserve created by the accumulated capital
surplus.
The company in general meeting may, upon the recommendation
of the Board, resolve that to capitalise any part of the
amount for the time being standing to the credit of any of
the company’s reserve accounts, or to the credit of the
profit and loss account, or otherwise available for
distribution.
| Is This Answer Correct ? | 16 Yes | 1 No |
Post New Answer View All Answers
objective of accounting
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
Short Answer on ________Ad-Valorem Duties
Why you want to leave your present job while they offer you with good offer?
What is Compliance?
please specify some books name in preparing a bank exam apttirutude questions
explain about mergers & aquisitions? asked on 30/7/09
What is the Accounts Payable & Accounts Receivable ?
You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
EXPAND___________INMA
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
How i pass the share holders capital entry in Tally? How to set this option in Tally?
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
Expand-------CAN
