Accountancy, asked by varadsawant001, 5 months ago

General reserve should be ____

Answers

Answered by Anonymous
13

Explanation:

What does general reserve mean?

General reserve refers to the amount of profit that are kept aside by the company in the form of reserves or we can say these are the earnings of the company that the company wishes to save for meeting future uncertainties where the future uncertainties includes meeting of contingencies, payment of dividends, ...

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Answered by kumkumkumari8407
3

Answer:

General is a reservation for the object or material that we can use in future.It is for our future needs.

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