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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
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 Accounting General interview questions  Accounting General Interview Questions (2777)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
What is the difference between Capital Reserve and Reserve
Capital?
 Question Submitted By :: Krishnachaitanyanellore
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 1
Capital Reserve- Reserve created by the accumulated capital
surplus( not the revenue surplus) of the firm e.g an upward
revaluation of assets by a firm to reflect its assets at
the current market values after appreciation.

Reserve Capital- Part of the authorized capital of a firm
which has not yet called up and is available for drawing in
case of need.
 
Is This Answer Correct ?    200 Yes 26 No
Ritu
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 2
Capital reserve is created from the capital gains.
reserve capital meens not called capital yet out of the par
value of share. The share holder has the obligation to the
reserve capital to company, when company called.
 
Is This Answer Correct ?    61 Yes 31 No
Ganesh Reddy
 
 
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 3
Capital reserve is that reserve which is created out of
profit of capital nature such as: revaluation, business
purchase,forfeiture,etc.

Reserve capital means that which is not called up
 
Is This Answer Correct ?    50 Yes 14 No
Xyz
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 4
If capital reserve realised in cash, company can declare
dividend from it to its shareholher.
But company can not declare any dividend from reserve
capital when it realised.
 
Is This Answer Correct ?    14 Yes 33 No
Ashish Kumar Paul
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 5
Capital reserve may not realised in cash.
But Reserve capital realisable in cash at the time of
Companys winding-up.
 
Is This Answer Correct ?    14 Yes 25 No
Ashish Kumar Paul
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 6
capital reserve may not realised in cash
and reserve capital raealisable in cash at the time of
company winding up
 
Is This Answer Correct ?    14 Yes 10 No
Abu Sufyan
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 7
RESERVE CAPITAL: Part of the authorized capital of a firm
that has not been called up and is, therefore, available
for drawing in case of a need.

CAPITAL RESERVE: capital reserve Resource created by the
accumulated capital surplus (not revenue surplus) of a
firm, such as by an upward revaluation of its assets to
reflect their current market value after appreciation.
Allocating such sums to capital reserve means they are
permanently invested and will not be paid as dividends.
 
Is This Answer Correct ?    36 Yes 10 No
Ujjal Das- Pgdm, Vsbm
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 8
Capital Reserve: Capital Reserve is surplus value that is
created at the time of revaluation of capital resources.
In other words Capital reserve is a increased value of
capital resources at present market valuation.

Reserve Capital: Reserve Capital is a Reserve amount of
capital that is not in use,that is used in future when
needed.for example The forfeiture amount of capital.
 
Is This Answer Correct ?    8 Yes 11 No
Sonu
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 9
Reserve Capital: It is uncalled capital which can be called
up by the company in case of an emergency. It is a part of
Authorized Capital.

Capital Reserve: It is created out of capital gains like
revaluation of fixed assets, gain on reissue of shares
aftere forfeiture.
 
Is This Answer Correct ?    11 Yes 6 No
Avanish Bhargava
 
  Re: What is the difference between Capital Reserve and Reserve Capital?
Answer
# 10
reserve capital is dat part of capital which is nt received.



capital reserve is dat part of profit which is earned nd
received.
 
Is This Answer Correct ?    13 Yes 5 No
Naiya
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem   2
What is letter of credit? State-Bank-Of-India-SBI 2
what is a contract note? Capital-IQ 8
What is the accounting treatment for preoperational expenses   1
Expand---------RTPS   2
what is the diferenece between cost accounting & financial accounting, with example?   1
Expand C B S   2
what is the e mail id of customercare of axis bank powerkome loan? Axis-Bank 2
Expand C M I   1
explain the matching concept and what is the deffered revenue expendiature and how it related into matching concept.   1
Expand---------MDTR   1
fill in the Blanks Debit___________Credit_______________in   3
 
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