Question

what are reserves?

a. subset of renewable resources
b. none of these
c. subset of stock
d. all of these​

Answer 1

Answer:

In financial accounting, "reserve" always has a credit balance and can refer to a part of shareholders' equity, a liability for estimated claims, or contra-asset for uncollectible accounts. A reserve can appear in any part of shareholders' equity except for contributed or basic share capital. 

Explanation:

plz folow me and give me a lot of thanks plz plz plz plz plz plz plz plz

Answer 2

Explanation:

In financial accounting, "reserve" always has a credit balance and can refer to a part of shareholders' equity, a liability for estimated claims, or contra-asset for uncollectible accounts. A reserve can appear in any part of shareholders' equity except for contributed or basic share capital.