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  2. Examples of reserves include12:
    • General reserve
    • Reserve for Dividends Equalization
    • Reserve for Expansion
    • Reserve for Increased Cost of Replacement
    • Dividend Equalization Reserve
    • Debenture Redemption Reserves
    • Contingency Reserves
    • Capital Redemption Reserves
    Learn more:
    Examples – General reserve, Reserve for Dividends Equalization, Reserve for Expansion, Reserve for Increased Cost of Replacement etc. There are mainly 2 different types of reserves; Capital and Revenue.
    www.accountingcapital.com/basic-accounting/wha…
    Examples of such reserves include Dividend Equalization Reserve, Debenture Redemption Reserves, Contingency Reserves, Capital Redemption Reserves and more.
    www.toppr.com/guides/accountancy/depreciation-p…
     
  3. People also ask
    What is an example of a specific reserve?1. Specific reserves: These reserves are created out of revenue profits for a specific purpose. Examples of such reserves are the Dividend Equalization Reserve (i.e., a reserve created to maintain equilibrium in dividends) and the Debentures Redemption Reserve (i.e. a reserve created for the redemption of debentures ). 2.
    What are the different types of reserves?They can be categorized as follows: 1. Specific reserves: These reserves are created out of revenue profits for a specific purpose.
    What are some examples of capital reserves?Few examples of capital reserves are: Reserve in accounting is used to make the investors aware that a certain part of funds should not be used as dividends or for buying back shares. Reserves are used for settling legal obligations, bonus payment, debt payment and purchasing assets or expanding business.
    What is an example of a reserve policy?This article includes two examples of reserve policies. The first is for operating reserves only and will be useful for nonprofits with a single cash reserve that is primarily used for occasional unexpected shortfalls. The second policy example expands to include other types of reserves, such as building reserves.
     
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    WEBJun 13, 2023 · 1. Specific reserves: These reserves are created out of revenue profits for a specific purpose. Examples of such reserves are the Dividend Equalization Reserve (i.e., a reserve created to maintain …

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    WEBUpdated May 27, 2021. Reviewed by. David Kindness. Investopedia / Paige McLaughlin. What Are Balance Sheet Reserves? Balance sheet reserves, also known as claims reserves, are accounting entries...

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