Diff. between Capital Reserve & Reserve Capital
This query is : Resolved
Aranya Dey
(Querist)
05 November 2008
What is the diff. between Capital Reserve & Reserve Capital?
CA Bosu babu
(Expert)
06 November 2008
Capital reserve is appropriation from P&L....for capital purpose....or arrived from capital transactions....
Reserve capital is part of capital which keep aside and will not use until winding up....
Reserve capital is part of capital which keep aside and will not use until winding up....
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