What is difference between capital reserve and reserve capital?

Posted by : Rakesh Sinha
Posted On : 9/13/2013 3:21:01 AM
Posted As :Question Answers
Category :Accounting
View : 604
                 
Capital reserve is a reserve created to deal with general, unspecified contingencies such as inflation. It is a fund set aside for the specific purpose and can not be distributed for other uses. Normally it is legally not distributable as dividends to shareholders Reserve Capital is the Capital reserved by the Company in other words not issued to Public
 
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