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what is reserve capital and capital reserve.................... and what is the difference between both of them in Layman's language can any one pls


Bala Chandar

Bala Chandar

CA Final

5K+

10-Dec-21 11:05

407

Answers (2)

Any one tell


capital reserve is the reserve which is kept by the firm for future uncertenties wheras reseve capital is subscribed uncalled sheres.it not seperatly kept by firms it is not mandatory .


Niranjan Bhat

Niranjan Bhat

CA Inter

10K+

10-Dec-21 13:49

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