What purpose is served by transferring amounts from retained profits to reserves, when the amounts may be
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What purpose is served by transferring amounts from retained profits to reserves, when the amounts may be transferred back if the directors so decide?
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Transferring amounts from retained profits to reserves when those amounts can be transferred back if the directors decide serves several purposes for a company Here are some reasons why a company migh...View the full answer
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Related Book For 
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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