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1. capital account balance and forex reserves for the period 2001-2006 and list the major features.
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data on indias current account balance for period 2001-2006
Nishit kumar jha contect-09717581602
[Debit] Net income account [Credit] General Reserves
The largest reserves of coal are found in the United States, Russia, Australia, China, and India. These countries account for the majority of the world's coal reserves.
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Read your governing documents to determine how 'restricted reserves' are treated as accounts. Often, and state laws can dictate -- that 'restricted reserves' are mandated to be kept in separate accounts, in a bank, for example. Whether these are 'maintenance reserves' , 'capital reserves' or 'insurance deductible reserves', your chart of accounts should differentiate (each of) them from the association's operating account.
What are types of currencies reserves?
Collect data on India's current account balance capital account balance and forex resevers for a period 2001-2006?
No, capital reserves cannot be transferred to the profit and loss account. Capital reserves are typically created from specific transactions, such as the revaluation of assets or the issuance of shares at a premium, and are intended for long-term use within the company. They are not available for distribution as dividends, unlike profits generated from normal business operations that flow into the profit and loss account.