difference between revenue reseves and capital reserves with basis
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There are two types of reserves in a company, namely, Capital Reserve and Revenue Reserve.
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What is a Revenue Reserve?what is capital Reserve ?
A capital reserve is created to finance long term projects for a business Revenue reserve is created to meet unforeseen events in a business organization
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Explanation:
The primary difference between revenue reserve and capital reserve is that revenue reserve is the reserve which is created out of the profits of the company generated from its operating activities during a period of time whereas the capital reserve is the reserve which is created out of the profits of the company .
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