19 April Reserves-Meaning,Inside Financial Statements,Types of Reserves-Capital Reserve,Revenue Reserve (Commerce Achiever) Posted by commerce achiever1 Categories Accounts, Blogs, Learn - Free Meaning of Reserves Reserves are part of profits or gain that has been allotted for a specific purpose. Reserves are usually set up to buy fixed assets, pay bonuses, pay an expected legal settlement, pay for repairs & maintenance and … Read More