Various Components of Reserves and Surplus | Accounting
Various components of reserves and surplus are: (i) Capital reserve which represents unrealised revaluation profit on property, plant and equipment and intangible assets. This also termed as Revaluation Reserve. (ii) Debenture Redemption reserve which represents profit set aside for redemption of debentures. (iii) Capital redemption reserve which represents utilised reserve for redemption of preference share capital or buy back of [...]