Question

Good evening. What do youe means by reserves?? No spam no copy paste otherwise answers will be reported​

Answer 1

Reserves – also known as retained earnings – are portions of a business’s profits which have been set aside to strengthen the business's financial position.

Answer 2

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A reserve is a retained earnings secured by a company to strengthen a company's financial position, clear debt & credits, buy fixed assets, company expansion, legal requirements, investment and other plans.