treatment of reserve fund in trail balance whether debit or
credit.

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treatment of reserve fund in trail balance whether debit or credit...

Answer / arjun negi

Credit balance becouse it is compny's liabilty to pay back to the shareholdrs due to separate accounting entity concept.

Is This Answer Correct ?    33 Yes 4 No

treatment of reserve fund in trail balance whether debit or credit...

Answer / vignesh

reserve fund it just a book entry money would not go out
from business. It shows debit balance in trial balance

Is This Answer Correct ?    7 Yes 23 No

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