English, asked by naincy59, 1 year ago

what do you mean by Reserve and surplus.

Answers

Answered by brajnedra
1
The next line item on the liability side of the Balance Sheet is the 'Reserves and Surplus'. Reserves are usually money earmarked by the company for specific purposes. Surplus is where all the profits of the company reside. Thereserves and surplus for ARBL stands at Rs.1,345.6 Crs.
Answered by Anonymous
1

follow the correct answer

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