What is meant by ‘Capital Reserve’? Post category:Accountancy Reading time:1 mins read SOLUTION Capital reserve is that reserve which is created out of capital profits. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIs reserve capital a, part of ‘Unsubscribed Capital’ or ‘Uncalled Capital’. (C.B.S.E. 20 I8) Next PostWhat is meant by ‘Private Placement of Shares’? (C.B.S.E. 2019) You Might Also Like Why are irredeemable debentures also known as perpetual debentures? (C.B.S.E. Sample Paper. 20I8). September 29, 2022 Amar, Bhanu, and Charu are partners in a firm. Amar and Bhanu are to get annual salary of Rs. 1,20,000 p.a. each as they are fully involved in the business. Net profit for the year is Rs. 4,80,000. Determine the share of profit to be credited to each partner. July 21, 2022 When salary to partners, interest on capital, drawings, interest on drawings, Interest on Drawing etc. are recorded in capital accounts of partners, which method we are following to maintain the capital account? September 23, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Why are irredeemable debentures also known as perpetual debentures? (C.B.S.E. Sample Paper. 20I8). September 29, 2022
Amar, Bhanu, and Charu are partners in a firm. Amar and Bhanu are to get annual salary of Rs. 1,20,000 p.a. each as they are fully involved in the business. Net profit for the year is Rs. 4,80,000. Determine the share of profit to be credited to each partner. July 21, 2022
When salary to partners, interest on capital, drawings, interest on drawings, Interest on Drawing etc. are recorded in capital accounts of partners, which method we are following to maintain the capital account? September 23, 2022