what is capital reserve?

Answer Posted / anil

its reserve genereted when ammalganation take place. when
pc is smaller than net assets purchased

Is This Answer Correct ?    4 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail

1456


Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

2048


We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

1371


How many types of business transactions are there in accounting?

675


in trading credit why does goods sent on consignment come?

1499






In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer

1468


Explain financial accounting. What are its characteristic features?

673


A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?

1460


Which accounting applications are your familiar with?

611


EXPLAIN EACH SECTION PROVISIONS ON TDS?

1418


Tell us do you have any idea about service tax or excise?

649


what's the difference between impress cash account and petty cash account

1180


adjustment entry showing in tally such as outstanding salary prepaid salary etc.

2766


Are you comfortable with cold-calling?

633


What is a ledger? What do you mean by ledger posting?

658