Question no.1 . what is reserve ?
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from the guide
Explanation:
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. These are usually done to save the cash from being used in other purposes. Reserve funds do not have any legal restrictions so that the company can use it for any purpose.
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A supply of commodity not needed for immediate use but available if required. A body troops with held from act on to reinforce or protect others, or additional to the regular forces and available in an emergency
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