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Meaning of reserve capital

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Meaning of reserve capital

    • Posted by Kriti Pawan 8 years, 4 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Amar Kumar 8 years, 4 months ago

    Reverse Capital is that part of the nominal (current value) of a business that has not yet been called up. It is thus a reserve, which can be drawn on in case of need.

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