Written on Mar, 18, 2012 by in | 1 Comment.

When any amount is kept separate by a company out of its profit for future purpose then that is called as general reserves. In other words the general reserves are the retained earnings of a company which are kept aside out of company’s profits to meet future (known or unknown) obligations. General reserves are the part of Profit and Loss …

Related pages

payment voucher sample formatpayment voucher format wordwhen to issue debit noteaccrued income journaltaxable income indiadeduction of tdscontingent liabilities accountingtrade discount entryincome slab for ay 2013 14format of computation of income from salarytrial balance meaning in tamilcommuted value definitiontax rate 2014-15tally in accountingdefinition of debtorsdifferentiate bookkeeping and accountingtrial balance in tallycontra voucher definitiondefine creditors in accountingincome tax 2011-12tds payablehow to issue debit notewhat is contra entry explain with examplejournal voucher entriesincome tax slab for fy 2012-13 ay 2013-14accounts payable voucher templateaccounting ledger book formatincome tax slab for fy 2014-15banks balance sheet formatlearn tally 7.2accounting ledger bookcredit note issued by supplierproforma of balance sheetjournal entry for payment by chequeconveyance allowance formattaxability of commuted pensiontally software purchasewhat is tally accountingdifference between auditing and investigationcommuted value definitiondebtors accounting definitionincome tax slabs for 2013-14how tds is deductedtax slab ay 2013 14posting to the ledgerledger folio numbertrade creditors definitiontax rate for fy 2014 15is tds refundablewhat is sundries meancash reserve ratio investopediadefine sundrylearn tally coursetds to be deductedledger balance meansconveyance charges meaningcontingent liability journal entrycalculation of remuneration to partnerssundry accounting definitionstationeries definitionhow to calculate income tax in indiaincome and expenditure account proformaincome tax rate 2014-15tally checkersinking fund meansdeduction us 80dreceipt voucher templatedefinition of tally erp 9how to create suspense account in tallyunsecured loans in balance sheettally erp tutorialexample of sinking fundchallan meaning in tamilsundries expenses examplesvaluation of rent free accommodation