What is Reserve Capital?
Answers
Answered by
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..
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
6
hey mate -
Reserve capital means the money kept aside by the the company from surplus profits.
hope this helps you
Reserve capital means the money kept aside by the the company from surplus profits.
hope this helps you
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