what is the difference between capital reserve and reserve and surplus
thanks and regard
abid
what is the difference between capital reserve and reserve and surplus
thanks and regard
abid
reserve and surplus are free reserve and arise out of the profit (which is revenue profit) some portions of profit are transferred to reserve and surplus
capital reserve arise out of the capital profit like sale of fixed assets etc.
dividendcan be declared from free resrve whereas from capital reserve declaration of dividend is restricted
R P S K & Associates
Nashik
CA Inter
View Details
SSGS and Associates
Chennai
CA Inter
View Details
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
CAclubindia
