What are Capital and Reserves?

Accounting
1

I’m quite confused on what capital and reserves are in the balance sheet.
I couldn’t find a clear, simple, easy to understand explanation anywhere.
Does anyone know what the capital and reserves is in the balance sheet?
(I’m quite new to accounting and don’t understand too much)

Thank you!

2

This article explains it well as well as other entries on the balance sheet and examples

1 Like
3

Thank you, I really appreciate it!