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Retained Earnings and General Reserves

Derick (Executive) (30 Points)

05 June 2011

I would like to know if both Retained Earnings and General Reserves are one and the same.

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4 Replies

Devendra (Chartered Accountant) (4780 Points)
Replied 05 June 2011

There is no major difference between General Reserve and Retained Earnings.

Regards,

Devendra Kulkarni

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Souvik Kumar Ghosh (CA Final) (1368 Points)
Replied 06 June 2011

Actually general reserve is a part of the total retained earnings. There are also other components of Retained earnings such as: Capital reserve, CRR, P/L, Security Premium.

Viren (Chartered Accountant) (137 Points)
Replied 06 June 2011

Originally posted by : Souvik Kumar Ghosh
	Actually general reserve is a part of the total retained earnings. There are also other components of Retained earnings such as: Capital reserve, CRR, P/L, Security Premium.

Nandini ( articleship) (61 Points)
Replied 06 June 2011

Originally posted by : Souvik Kumar Ghosh
	Actually general reserve is a part of the total retained earnings. There are also other components of Retained earnings such as: Capital reserve, CRR, P/L, Security Premium.