General Reserves

Yes. The SOCIE shows the movements on all of the reserves.

Dear sir, This is really confusing.. Then y is proposed dividends not deducted as this ll also reduce the retained earnings and it is a revenue reserve aswell..????

Proposed dividends are not shown anywhere because they are only proposed and are not definite. (They only become 'certain' when shareholders have voted on them - while they are just proposed they do not appear anywhere in the statements)

Proposed dividends are not shown anywhere because they are only proposed and are not definite. (They only become 'certain' when shareholders have voted on them - while they are just proposed they do not appear anywhere in the statements)

Dear sir, So the proposed transfer to reserves need not to b approved.. Is it made straight away, i.e retained earnings(Dr) General reserves(Cr)

Transfers between reserves do not need to be approved - correct :-)

Oh ok ok.. Thank u sir..

You are welcome :-)