Question

Give one example of Reserve and explain why it is under reserve..

Question of Class 10th

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Answer 1

Explanation:

One can explain reserve meaning in accounting by describing it as the portion of available earnings that business owners keep aside to meet any sort of financial contingencies. Funds for expansion, general reserve, dividend equalisation reserve, etc. are some of the most common examples of reserves

Answer 2

Answer:

a reserve is the subset to stock. It is the type of resource for which we have the technology to use it but we are not using it now to save it for future generations.

Explanation:

eg, dams are built on many rivers but we are not using them now, so that the future generations can use them