Givefour examples each of revenue reserve and capital reserves. (2024)

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Solution

  1. Four examples of revenue reserve are given below.

  1. General Reserve

  2. Retained Earnings

  3. Dividend Equalisation Reserve

  4. Debenture Redemption Reserve

  1. Four examples of capital reserve are given below.

  1. Issues of shares at premium

  2. Profit or issue of shares

  3. Sale of fixed assets

  4. Profit on redemption of debentures


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Accounting Treatment-II

ACCOUNTANCY

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