Advanced AccountingMCQQuestion 5938 of 302
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13. What will be the Balance of Reserves as on 31st March 2025 excluding capital redemption Reserve?

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — General Reserve and Profit Loss ₹ 323 Lakhs and securities Premium ₹ 10 lakhs

All Options:

  • AGeneral Reserve and Profit Loss ₹ 323 Lakhs and securities Premium ₹ 10 lakhs ✓
  • BGeneral Reserve and Profit Loss ₹ 243 Lakhs and securities Premium ₹ 10 lakhs
  • CGeneral Reserve and Profit Loss ₹ 323 Lakhs and securities Premium ₹ 15.60 lakhs
  • DGeneral Reserve and Profit Loss ₹ 243 Lakhs and securities Premium ₹ 15.60 lakhs

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

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