Question

Name the reserve that can be used in distribution of divident?​

Answer 1

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Revenue Reserve

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Answer 2

Answer:

Types of Reserves:

1) generally reverse : These are those which are generally created without any specific purpose.

2) Specific Reserves: These are those which created for some specific purpose and can be used only for those specific purposes. ...

Revenue and Capital Reserves: This classification is done according to the nature of profits.