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What is reserves??

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What is reserves??

Posted by Kevin Samuel Jacob 8 years, 4 months ago

CBSE > Class 11 > Accountancy

2 answers

Roshan Kumar 8 years, 4 months ago

It is amount set aside out ofprofit to meet future contingencies or unknown liability Example:-1. General reserve 2. Capital redemption reserve 3. Debenture redemption reserve 4. Capital Reserve 5.Dividend equalisation reserve

Kevin Samuel Jacob 8 years, 4 months ago

Pls...anybody pls answer me..

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CBSE > Class 11 > Accountancy

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