CR AND CRR
This query is : Resolved
Guest
Guest
(Querist)
10 March 2011
what is the main diffrent in capital reserve and capital redempion reserve?
10 March 2011
Capital Reserve -
A type of account on a municipality's or company's balance sheet that is reserved for long-term capital investment projects or any other large and anticipated expense that will be made in the future.
A type of account on a municipality's or company's balance sheet that is reserved for long-term capital investment projects or any other large and anticipated expense that will be made in the future.
10 March 2011
Capital RedemptionRevere is an reserve created when a company buys it owns shares which reduces its share capital. This reserve is not distributable to shareholders and can be used to pay bonus shared issued.
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