Explain share capital and reserves and surpluses.



Explain share capital and reserves and surpluses...

Answer / Rinki

Share capital refers to the total amount of money raised by a company through the issuance of shares. Reserves are portions of profits or other funds set aside for specific purposes, such as paying dividends or reinvesting in the business. Surpluses are any excess funds above and beyond share capital and reserves that may accumulate over time.

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