Accountancy, asked by abishekrai766, 10 months ago

what do you mean by reserve capital ​

Answers

Answered by lohi7092160609
0

Capital Reserve” means the part of profit reserved by the company for a particular purpose such as to finance long-term projects or to write off capital expenses. ... Reserve Capital shows the part of the authorized capital that has not yet called up by the company and is available for drawing, if necessary.

Explanation:

Answered by nidhiranurastogi
0

Answer:

Reserve Capital

Explanation:

shows the part of authorised

capital that has not yet called up by the company and is available for drawing if necessary

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