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Gagan Mishra

Job Interview Skills
English
2 years ago

20. Explain Reserves And Surpluses?

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Abhishek Mishra

2 years ago

Reserves are the funds earmarked for a specific purpose, which the company intends to use in future. The surplus is where the profits of the company reside. This is one of the points where the balance sheet and the P&L interact. Dividends are paid out of the surplus.

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