What is Reserv & surplus generally used in Balance sheet.
Answers were Sorted based on User's Feedback
Answer / ashok kumar parida
Reserve means some portion of amounts of profit is kept for
imprroving or emergency.
surplus means profit.
Reserve & surplus generally used in Asset side of Balance
sheet.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / madhavi
profit of current year b/d from p&la/c & any other reserves
| Is This Answer Correct ? | 2 Yes | 2 No |
Expand ________ACAT
What is General Ledger ? Why is it used
What is Spin-off & spilts
what is the meaning of Amortization
how the loss on sale of furniture will be entered in accounting books
When u r using Automatic Payment Programme?
what is the journal entries of a debit/credit notes in the books of seller and purchaser's A/C.
Short Answer on _____________Whole Sale Trade
what is the purpose of Aging bucket Report?
What do you mean by Turnover
What is the difference betwn "Inventory" and "Stock".
What is periodicity concept