What is Reserve & Surplus? Plz give me with some Example.

Answer Posted / vinay

The Total Net Movement of your Last year P& L. Is your
Reserve and Surplus. If dividend income and expense is
condidered in P& L or else you need to considered it from
you Balance sheet account.

Is This Answer Correct ?    44 Yes 44 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the different fields of accounting?

624


What are the nine accounting cycles?

660


How can you explain the basic accounting equation?

659


1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).

1636


Define tally accounting

602






What Is Differ tax,

1635


What is the journal entry of building rent and TDs payment?

1107


how to treat investment fluctuation fund in case of death of a partner

1845


How to pass an general entry for materials which are stored in warehouses??????

1832


What is balance sheet and off balance sheet?

614


How to create a liability for Service Tax in SAP

2398


Explain me how much mathematics knowledge is necessary or required in accounting?

603


Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??

1533


Tell me what do you think is bank reconciliation statement?

644


Define bills receivable?

740