M

Mr. Dubey • 52.30K Points
Coach 

Q. When debentures are redeemed from out of profits an equal amount is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐ account.

(A) Capital reserve
(B) Capital Redemption Reserve
(C) Debenture redemption reserve
(D) General Reserve.

Correct Answer - Option(C)

Share

Discusssion

Login to discuss.

Be the first to start discuss.

Related Posts

Q. In the case of marine insurance reserve for unexpired risk is …..

Q. Lower stock turnover ratio indicates ________.

Q. Amalgamation adjustment account is opened in the books of Transferee Company to incorporate …………..

Q. The term banking is defined in section ….

Q. ……….is the first stage in the formation of a public company

Q. Dividend paid or declared are subject to corporate dividend Tax @ ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ as per recent finance Act.

Q. ………is concerned with accounting for amalgamation.

Q. For amalgamation in the nature of merger, the shareholders holding at least or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company.

Q. The method of rapidly posting entries in the books of banks is called as ……….

Q. Reduction of share capital is possible by the company, if it is authorized by its:

View All Posts