Provisions and Reserves — Account STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceAccountProvisions and Reserves1 Mark
Question
What are Capital Reserves?
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Answer
Capital Reserves are set aside out of capital profits and are normally not available for distribution as dividend. In other words, reserve created out of capital profits and which is not readily available for distribution as dividend among the shareholders is called Capital Reserve.
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