what do you mean by reserve capital
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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.
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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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