difference between Reserve capital and capital reserve
Answer Posted / ravindra
reserve- some amount is kept as reserve for future occuring loss
capital - amount invested by the sole trader in the business
capital reserve - some part of the amount is kept as a reserve from capital for meeting of future loss
| Is This Answer Correct ? | 2 Yes | 6 No |
Post New Answer View All Answers
what is the minimum & maximum amount paid by company per day
After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
what is the journal entry for gas connection taken by company for preparing tea and coffee.
what is loan operations and what are the complete process form from making customer to closure of loan
What is the fictitious assets?
Why TDS not Deducted on Service tax amount of Rent.
What is the revenue recognition principle?
BRIEF IN DETAIL REGARDING RATIOS
What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.
List out some of the accrued expenses and the accounts in which you would record them?
in trading credit why does goods sent on consignment come?
What is the general classification of accounts that usually ledger account involve?
Do you know executive accounting?
Tell me what is “deposit in transit”?
what is basic general accounting.