Ask Experts Questions for FREE Help !
Ask
    sushant12345's Avatar
    sushant12345 Posts: 2, Reputation: 1
    New Member
     
    #1

    Mar 2, 2010, 08:37 AM
    Reserves & surplus in balance sheet
    Why do we create reserves ? Is it necessary for every company to create reserves ?
    sushant12345's Avatar
    sushant12345 Posts: 2, Reputation: 1
    New Member
     
    #2

    Mar 2, 2010, 08:38 AM
    Quote Originally Posted by sushant12345 View Post
    Why do we create reserves ? Is it necessary for every company to create reserves ?
    Great..!
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #3

    Mar 3, 2010, 02:36 AM

    Please see the guidelines for posting homework in the red print at the top of this forum.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

What is Reserves and Surplus in accounting terms [ 5 Answers ]

What is Reserves and Surplus in accounting terms? How it is used and why? Please explain me with an example

The definition of 'Reserves' and 'Surplus' [ 1 Answers ]

Show me right definitions of reserve and surplus and what is role his in balance sheet.

Reserves and surplus [ 1 Answers ]

What is reserve and surplus

Trial Balance & Profit & Loss A/c & Balance Sheet [ 2 Answers ]

Good Evening Sir, How to prepare & do finalaization Trial Balance & Profit & Loss A/c & Balance Sheet . & also please provide some of the examples so I can be perfect.with your support. Thanks & Regards Pasha


View more questions Search