what is capital reserve
Answers
Answered by
2
· A capital reserve is an account on the balance sheet that can be used for contingencies or to offset capital losses. ... Sums allocated to a capital reserve are permanently invested and cannot be used to pay dividends.
JENI1001:
welcome
Answered by
0
A capital reserve is an account on the balance sheet that can be used for contingencies or to off set capital loss...Sum allocated to a capital reserve are permanently invested and cannot be used to pay dividends.
HOPE IT WILL HELPS YOU
HOPE IT WILL HELPS YOU
Similar questions