Question

what is meant by reserve capital?​

Answer 1

Answer:

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.

Answer 2

Explanation:

a fund or account set aside for major long-term investment projects or other anticipated expenses.

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