After the implementation of scheme of internal reconstruction, any amount left in the capital reduction A/C will be transfer to: | Faculties

M

Mr. Dubey • 52.48K Points
Coach

Q. After the implementation of scheme of internal reconstruction, any amount left in the capital reduction A/C will be transfer to:

(A) Capital Reserve A/C

(B) Capital A/c

(C) Profit & Loss A/C

(D) Shareholders A/C

Correct Answer - Option(A)
Views: 242
Filed under category Corporate Accounting

Share

No solution found for this question.
Add Solution and get +2 points.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.

Related Posts

Q. All business combinations are accounted for by applying the …….. method

Q. Change in accounting estimate is __________

Q. General Insurance includes …………….

Q. If a company makes a default in delivering the to the registrar or n holding the statutory meeting, then company is compulsorily wound up by the court.

Q. Rebate on bills discounted is also called --------

Q. Capital redemption reserve can be utilized for…

Q. Preliminiary expenses incurred on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of a company.

Q. Debentures repayable after a fixed period of a time are called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ debentures.

Q. What is the net amount an entity expects to obtain for an asset at the end of its useful life?

Q. Dividend paid are subject to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Tax @ 17% as per recent Finance Act

View All Posts

Question analytics