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GeekInterview.com > Interview Questions > Accounting > Fixed Assets
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Question: What is meaning General Reserve?
What is the role of General Reserve in Company & What time this is used and for What perpose?
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| March 03, 2008 03:27:48 |
#1 |
| sridhar333 |
Member Since: March 2008 Total Comments: 1 |
RE: What is meaning General Reserve?What is the role of General Reserve in Company & What time this is used and for What perpose?
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general reserve: it is an appropriation of profit
role: general reserve is created in-order to meet the future known and un-known liabilities....
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