Advanced accounting NBFC

Accountancy

This is from nbfc. Calculating owned funds. ...There... excluding reserves created by revaluation of assets... given right, When to reduce, Ie if included in capital reserve or whether or not included in capital reserve

Deepa Kotapati

CA Inter

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09-Nov-22 20:04

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Answers (4)

If capital reserve consist value created by revolution then you have to exclude such revaluation reserve from it.

Manoj Raj

CA Final

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09-Nov-22 20:14

Manoj Raj

If capital reserve consist value created by revolution then you have to exclude such revaluation reserve from it.

Thank you Only if it contains right

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Deepa Kotapati

CA Inter

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09-Nov-22 20:34

Thread Starter

Deepa Kotapati

Thank you Only if it contains right

It depends on the questions. while reading the questions you know about it easily. Don't worry

Manoj Raj

CA Final

★ 12K+

09-Nov-22 20:41

Manoj Raj

It depends on the questions. while reading the questions you know about it easily. Don't worry

ð???ð??? thanks

Thread Starter

Deepa Kotapati

CA Inter

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10-Nov-22 08:04