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 Fixed Assets  |  Question 19 of 27    Print  
What is meaning General Reserve?
What is the role of General Reserve in Company & What time this is used and for What perpose?

  
Total Answers and Comments: 1 Last Update: March 06, 2008     Asked by: Parkar munawar Ismail 
  
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March 06, 2008 03:27:48   #1  
sridhar333 Member Since: March 2008   Contribution: 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?
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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