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Give any two differences between Reserve Capital and Capital Reserve. - Accounts

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प्रश्न

Give any two differences between Reserve Capital and Capital Reserve.

अंतर स्पष्ट करें
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उत्तर

Basis Reserve Capital Capital Reserve
1. Creation It is created out of uncalled capital. It is created out of capital profits.
2. Disclosure It is not disclosed in the company's balance sheet. It is disclosed in the company's balance sheet under Equity and Liabilities, Head-shareholders Funds, subhead - Reserves and Surplus.
3. Time when it can be used. It can be used only at the time of winding up of the company. It can be used during the lifetime of the company.
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अध्याय 6: Company Accounts - Issue of Shares - SHORT ANSWER QUESTIONS [पृष्ठ ६.१४६]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 6 Company Accounts - Issue of Shares
SHORT ANSWER QUESTIONS | Q 12. | पृष्ठ ६.१४६
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