20 May 2017
Can the company use money in reserve & Surplus to pay debts . or can it use it to buy assets, or use it for Working capital or pay Dividends in future like after 4-5yrs.
Instead of giving Bonus why dont they give Dividend with the Reserve & Surplus money.
Whats the difference between Reserve & surplus. Does it mean that when new retained money is added in Reserve it is called Surplus.
CAclubindia
