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meaning of reserve

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(Querist)
04 December 2008 Hi


What is a revenue reserve and capital reserve can you explain me with an example
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CA Vivek Jain

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CA Vivek Jain (Expert)
06 December 2008 Capital Reserve- Reserve created by the accumulated capital
surplus( not the revenue surplus) of the firm e.g an upward
revaluation of assets by a firm to reflect its assets at
the current market values after appreciation.

Reserve Capital- Part of the authorized capital of a firm
which has not yet called up and is available for drawing in
case of need.
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sriram

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sriram (Querist)
09 December 2008 hi

then pls explain me about revenue reserve
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