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What is the difference between Capital Reserve and Reserve
Capital?
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Answer Posted / animesh
Capital Reserve- Reserve created by the accumulated capital
surplus of the firm which is being created by appreciating or depreciating the value of assets and liabilities of a firm during a specific period of time.
Reserve Capital-It is that part of the authorized capital of a firm which has not yet being called up and is available for drawing in case of need.It comes under "reserves & surplus"
in schedule -6 balance sheet.
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