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Shares, balancesheet

This query is : Resolved 
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(Querist)
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.
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Amol S Joglekar

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Amol S Joglekar (Expert)
14 November 2017 retained earnings can be no issue.
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