What is Capital reserve and Revenue reserve...?
Any example would be highly appreciated.
Answer Posted / deepak n. kolekar
Capital reserve means which comes from dealing with capital
profits. the capital profits can be incurred from like
selling of assets, buying of firm, etc. It means, capital
profits are those which are not incurred from our own
regular dealing.
Revenue Reserve are completely generating from our revenue
profit. revenue profits means the only profit incurred from
the selling of goods.
Is This Answer Correct ? | 24 Yes | 12 No |
Post New Answer View All Answers
simply define shares and debentures
Define executive accounting?
export sales contract and domestic sales contract? india's trade in commercial services?
a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry
how to prost entry for purchases with a bill
List of Indian accounting standards and international financial reporting standards
Explain what is liabilities and what all does include in current liabilities?
Why you want to change???
shares convert into share capital what is the journal entry? how many ledgers need to create?
What are the criteria for accounting job?
What are assets minus liabilities?
1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).
What is the distinction between cost accounting and management accounting?
When Tds is applicable to deduct and wht is rate for different work panel?
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?