Answer Posted / deepak choudhary
capital reserve is that type of reserve which consist profits which are not distributable among ownerit includes only those type of profit which does not require a seperate disclosure for eg:-profit on reissue of shares... this reserve is used only for special purposes like writing off premium on redemption of debenture,fictitious assets etc
while
reserve capital is that part of capital which is reserved by the company and to be called by the company only at the time of liquidation ,,,this capital require a special resolution which specify the amount to be called at the time of liquidation..
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Tell me where do generally accruals appear on the balance sheet?
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok
Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored
When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.
Differentiate accounting and auditing?
Is the shadow balance present in bank account always credited or bank may reverse it as well?
How the MIS format made up in XL.
Explain the term account payable?
HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT
What is the use of 2a, 2b & 2c form in CST ?
Tell me about a situation where you showed determination?
What is liabilities and what all does include in current liabilities?
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
Tell me what is an over accrual?