Accountancy, asked by davidsingh123, 1 year ago

What is Reserve Capital?

Answers

Answered by kanica18
5
hi mate..
here is ur answer.
Reseve capital means the money which is kept aside by the company from surplus profits and this money will be used by the company for special purposes like investment.
Capital reserve account is shown in balance sheet.
hope it helps u..
Answered by StarGazer001
6
hey mate -
Reserve capital means the money kept aside by the the company from surplus profits.

hope this helps you
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