Accountancy, asked by kc7659577, 9 months ago

Capital Reserve is created out of_
profits.​

Answers

Answered by nisha8564
4

Answer:

A capital reserve is an account in the equity section of the balance sheet that can be used for contingencies or to offset capital losses. It is derived from the accumulated capital surplus of a company, created out of capital profit.

Explanation:

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Answered by olivatai
0

Answer:

interesting question

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