relating to DER
This query is : Resolved
06 October 2008
For what purpose dividend equalisation reserve is created?
For what purpose dividend equalisation reserve is created?
06 October 2008
REPLY AS EARLY AS POSSIBLE
REPLY AS EARLY AS POSSIBLE
06 October 2008
dividend equalization reserve
Definition
Revenue reserve that serves as a buffer between a certain dividend level and profits available. Sums are transferred to this reserve account in good years, and withdrawn from in poor years to maintain the dividend amount
Definition
Revenue reserve that serves as a buffer between a certain dividend level and profits available. Sums are transferred to this reserve account in good years, and withdrawn from in poor years to maintain the dividend amount
07 October 2008
thanx
thanx
07 October 2008
thanx for replying my query
thanx for replying my query
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