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Amount appropriated out of earned surplus (retained earnings) for future planned or unforeseen expenditure.

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13y ago

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What are reserves and surplus in finance?

What is reserve & surplus in accounts


What is the entry for reserves and surplus?

entries for Reserve & surplus


What is the difference between reserves and surplus?

A reserve is a planned amount, a surplus is unplanned.


Why is reserves and surplus a part of liabilities?

reserves and surplus are shown into liability side of the financial statiment, since reserve is the money set aside from the capital for future use hence defining surplus as a debit in the business thus attributing to its liabiltiness,


Where and under which heading is the unclaimed dividend disclosed in the balance sheet of the company?

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What is net loss reserves to surplus ratio?

The net loss reserves to surplus ratio is a financial metric used in the insurance industry to assess the adequacy of an insurer's reserves relative to its surplus. It is calculated by dividing the net loss reserves (the funds set aside to pay future claims) by the surplus (the difference between assets and liabilities). A lower ratio indicates a stronger financial position, suggesting that the insurer has sufficient surplus to cover potential claims, while a higher ratio may signal potential financial strain. Monitoring this ratio helps regulators and stakeholders gauge the insurer's risk management and financial health.


Meaning of sell surplus?

the meaing of sell is meaning


What is the meaning of the name athishay?

The Meaning is Enormous or surplus


How do you figure out retained earnings?

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What happens to price when a surplus exists?

Surplus means there will be excess supply, meaning demand will fall, and so will prices


Ths amount of the mutual insurer's owners equity that has not been set aside for any specific purpose or money reserves?

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What is difference between legal and statutory reserves?

Answer: legal and statutory reserves There is no difference. Both legal and statutory reserves are reserves that must be maintained by law. The previous answer ("Legal reserves are stipulated by law, while statutory reserves are determined in the Articles of Association (the Statute of a company)") is incorrect: the primary meaning of 'statutes' is 'enacted laws'