Book keeper and Capital conservation: Difference between pages
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''Company law.'' | |||
The company law principle - also known as capital maintenance - that capital should be conserved for the protection of creditors. | |||
For example, dividends can only legally be paid out of retained profits, not out of capital. | |||
== See also == | == See also == | ||
* [[ | *[[Capital]] | ||
* [[ | *[[Capital maintenance]] | ||
*[[Company law]] | |||
*[[Creditors]] | |||
*[[Dividend]] | |||
*[[Limited liability]] | |||
*[[Profit and Loss reserve]] | |||
*[[Reserves]] | |||
*[[Retained earnings]] | |||
*[[Share capital]] | |||
*[[Share premium]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Revision as of 20:47, 29 January 2024
Company law.
The company law principle - also known as capital maintenance - that capital should be conserved for the protection of creditors.
For example, dividends can only legally be paid out of retained profits, not out of capital.
