AS 26

Accountancy

Sir, I didn't get what is meant by Opening Reserves. Is there some specific reserve where such differences are accumulated? [Video Time Stamp: 03:13]

Rahul Anand

CA Inter

★ 6K+

10-Aug-25 20:25

190

Answers (2)

Its opening retained earnings. You can write it off against current year income / p&L as well

CA Suraj Lakhotia

Admin

13-Aug-25 20:04

ok Sir.

Thread Starter

Rahul Anand

CA Inter

★ 6K+

13-Aug-25 20:37

Your Reply

Helping students crack CA, CFA & ACCA since 2017. 14,000+ students have trusted us for the best CA,CFA, ACCA online classes. Learn from the best CA, CFA faculty, access top-quality content and clear your exams with confidence

AS 26

Your Reply

Company

Information

Offerings