Accountancy, asked by sahilking8872, 7 months ago

give examples of specific reserve

Answers

Answered by rakshitaasrinivasan

Answer:

Explanation:

Specific reserves, on the other hand, are created keeping a specific reason in mind and can only be used for its designated purpose. Examples of such reserves include Dividend Equalization Reserve, Debenture Redemption Reserves, Contingency Reserves, Capital Redemption Reserves and more.

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