What is reserves
Answers were Sorted based on User's Feedback
Answer / navin kumar
A reserve is profits that have been appropriated for a particular purpose. Reserves are sometimes set up to purchase fixed assets, pay an expected legal settlement, pay bonuses, pay off debt, pay for repairs and maintenance, and so forth.
Is This Answer Correct ? | 2 Yes | 0 No |
from profit some amount will transfer to Reserve account to meet the future sudden events
Is This Answer Correct ? | 0 Yes | 0 No |
What do you mean by the word Loss in nominal accounting Give some examples
What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?
Explain me what is important to effective market analysis?
In which expense we book the expense related to certification of ISO 9001 certificate & consultant fee.
What is f form and where it is used?
Hi everyone Sir if we not deposited the TDS before 7th of Every month,tehn what is the penality rate
how to pass return cheque entry in tally erp 9
1 Answers College School Exams Tests,
whats difference between manufacturing account & cost account
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
: can anyone tell me rates of TDS for payment of contract, consultancy, advertizing, statioenry, salary, professional charges, technical fees, & honorarium for the financial year 2010-11
wahat is the journal entry for cheque paid for collection but not collected?
what stock transfer applicable in sister concern unit.