Accountancy, asked by Anonymous, 1 year ago

on the basis of source , usage , purpose
different between revenue reserve and capital reserve .

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Answers

Answered by manny3
3
source
revenue reserve RR
it is created out of business .
capital reserve CR
created out of capital profit .

usage
RR
can be used for distribution of dividends without any precondition .
CR
can be used for distribution of dividends only if the company satisfies .
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