Business Studies, asked by Shreyansh3099, 1 year ago

Distinguish between capital reserves and revenue reserves.

Answers

Answered by sandeepkm3666

Answer:

Revenue Reserve refers to the sum of money retained in business, so as to meet out future contingencies. Capital Reserve alludes to a fund, that is created to finance long term project or write off capital expenses. Revenue profit of the firm are the source of revenue reserves.

Explanation:

Previous Question

Next Question

Similar questions

English, 6 months ago

Wher did the boy find the RAM...

English, 6 months ago

Part B: Grammar 3. Complete the following text with right form of the verbs given in the box. know eat look take stick give do go stick give There lived a wolf in a wood. He killed a lamb. But as he went on (a) the flesh, a bone (b) --- in his throat. This gave him pain and he (c) about not (d) what to do. The wolf saw a crane by the side of a stream (e) for flesh. "Good morning, Mr. Crane." said...

English, 6 months ago

They are actually your real friends. (Interrogative)...

Physics, 1 year ago

Does acceleration change in uniform circular motion...