Project
Reserve
Accounting
In financial accounting, reserve always has a credit balance and can refer to a part of shareholders' equity, a liability for estimated claims, or contra-asset for uncollectible accounts. A reserve can appear in any part of shareholders' equity except for contributed or basic share capital.
Description sourced from
- Wikipedia
“In financial accounting, reserve always has a credit balance and can refer to a part of shareholders' equity, a liability for estimated claims, or contra-asset for uncollectible accounts.”
Named in 1 piece
Executive Hires
Reserve Names Thomas Mattimore CEO of ABC Labs
Reserve co-founder Nevin Freeman named Thomas Mattimore chief executive of ABC Labs on Jan. 25, 2024, splitting protocol development from the new fund Confusion Capital inside the Reserve ecosystem.