Revenue reserve means any reserve other than ……………. Reserve

Name: Revenue reserve means any reserve other than ……………. Reserve
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Question

Quizplus · Accepted Answer

Revenue reserves are any reserves that are not capital reserves. Capital reserves are created from capital profits, which are not derived from the company's normal business operations, whereas revenue reserves are created out of profits earned from the company's normal business operations.

Revenue Reserve Means Any Reserve Other Than ……………