Question

what do you understand by general reverse ?​

Answer 1

Answer:

to turn completely around or upside down or inside out The jacket reverses. 2 : to change the order or position of Reverse the vowels to correctly spell the word. 3 : to change or cause to change to an opposite or former state, condition, or view The court reversed a decision

Answer 2

Answer:

A general reserve is a reserve, which is created by appropriation of profits. ... The aim of creating a general reserve is to provide additional working capital or to strengthen the cash resources of the business, out of profits of the company, from Profit and Loss Appropriation Account.

Explanation:

There are different types of reserves used in financial accounting like capital reserves, revenue reserves, statutory reserves, realized reserves, unrealized reserves.