Reserves Recorded in the Equity Section of the Balance Sheet

Reserves recorded in the equity section of the balance sheet:

A) Represent an amount of cash put aside for future projects.
B) Are created from excess profits that are not available for distribution as dividends.
C) May be established by transferring amounts from retained profits.
D) Will not impact on the total equity reported in the equity section of the balance sheet when created.
E) None of the given answers.