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.

income from depreciated asset is profit or loss?

1480

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Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1733

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what is ment by master in tally?

3800

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How many types we are received funds in business purpose

2380

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give me only one transactions in both side (debit&credit) should be in real accounts

2170

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Please explain a Representative Personal Account.

2090

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i want the difference p&l a/c and Income and expediture statement

2077

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i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.

2025

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EXPAND___________NBFCS

2023

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Debit Note & Credit Note?

2199

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I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

1893

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i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1930

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In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.

4243

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Expand-------NBTA

2102

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Is interest of a business unit Operating Expense or Non Operating Expense

1879

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