Corporate Finance Question: Download Questions PDF
Define Reserves and Surpluses?
Reserves and Surpluses indicate that portion of the earnings, receipt or other surplus of the company appropriated by the management for a general or specific purpose other than provisions for depreciation or for a known liability. Reserves are classified as: Capital Reserve and Capital Redemption Reserve.
Download Corporate Finance Interview Questions And Answers PDF
|Previous Question||Next Question|
|Define Revenue Expenditure?||Described Deferred Revenue Expenditure?|