Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test Accountancy Depreciation, Reserve & Provision
Which of the following statements is true about capital reserves and revenue reserves?
1
Capital reserves are more permanent than revenue reserves.
2
Revenue reserves are more readily available for distribution than capital reserves.
3
Capital reserves are created out of profits, while revenue reserves are created out of other sources.
4
More than one of the above
5
None of the above