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Monday, 19 July 2010

Types Of Reserve

Posted on 22:49 by Unknown
The following are the main types of reserves

1. Capital Reserve
2. Revenue Reserve
a)General Reserve
b) Specific Reserve
*Dividend Equalization Fund
* Research And Development Fund
*Sinking Fund
- Sinking fund for replacement of assets
- Sinking fund for redemption of liabilities
3. Secret Reserve
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