utilization of Reserves
This query is : Open
28 August 2016
need a list of specified reserves that could be utilised for particular purposes and sequence of their utilisation
28 August 2016
Dear akshay,
Kindly find the specified reserve
1- Revaluation Reserve
2- Dividend Equalisation Reserve
3- Capital Redemption Reserve
All the above reserve are specified and can be use only on the said area.
Kindly like if my response has helped you
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