Accounts doubt.

Discussion in 'CPT' started by dinesh, Jan 30, 2014.

  1. dinesh

    dinesh Member

    There are some one time profits which are transferred to the capital reserve account which is later shown in the liabilities side in the balance sheet. I'd like to know the reason why are these profits shown in the liability side.(i know that capital reserve is reserve and it has to be in the liability side)

Share This Page