Reserve Capital and Capital Reserve carry the same meaning.
Options
A
B
C
D
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Company AccountsQ-1 | Introduction to Company AccountsQuestion 5214 of 112
All Questions Correct Answer
✅ Option — Correct Option
All Options:
- A
- B
- C
- D
Detailed Solution & Explanation
False: Reserve Capital refers to that portion of uncalled up share capital which shall not be
capable of being called up except in the event of winding up. Capital Reserve is a reserve
which is created out of capital profits.
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