Difference between general reserve & capital reserve?
Kashyap Halani ( student) (69 Points)
06 July 2014
purpose of the General Reserve& capital Reserve. .
1 Replies
CA. Roopali Kadam
(Jobs on assignment basis.)
(1459 Points)
Replied 07 July 2014
Capital Reserve is a reserve of corporate enterprise which is not available for distribution of dividend
General Reserve is a revenue reserve which is not earmarked for a specific purpose
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