Explain the difference between revenue reserves and capital reserves.
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Explain the difference between revenue reserves and capital reserves.
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Revenue reserves and capital reserves are both types of reserves that a company can maintain on its balance sheet They serve different purposes and have distinct characteristics Heres a detailed expla...View the full answer
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Related Book For
Cambridge International AS And A Level Accounting
ISBN: 9781444181432
1st Edition
Authors: Ian Harrison
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