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  3. 12th Class
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  5. Accounting For Share Capital

12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    Reserve capital is:

    A) Subscribed Capital

    B) Capital Reserve

    C) Uncalled Capital

    D) Part of the uncalled capital which may be called only at the time of liquidation of the company

    Correct Answer: D

    Solution :

    [d] Part of the uncalled capital which may be called only at the time of liquidation of the company


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