Reserve Capital is a part of:

Related MCQs

• A reserve is created but its identity is merged with some other account or group of accounts so that the existence of the reserve is not known:
• If opening capital is Rs.5,000; closing capital - Rs.7,000; drawings - Rs.1,000 and additional capital introduced during the year is Rs.500; then, the amount of profit made would amounted to
• If the opening capital is Rs.20,000 and closing capital is Rs.25,000; drawings made amounted to Rs.1,800; then, the amount of Rs.________ must be introduced as an additional capital during the year in order to earn a profit of Rs.2,800.
• When the proposed dividend exceeds 20% of the paid up capital, percentage of profit to be transferred to reserve is
• As per the rules framed under the companies Act, 1956, if the dividend proposed by a company is 12% of the paid up capital, the amount to be transferred to reserve must not be less than
• Reserve Capital is also known by :
• Madhu Ltd. forfeited 800 shares of `10 each issued at 10% premium to Shyam (` 9 called up) on which he did not pay ` 3 of allotment (including premium) and first call of `2. Out of these, 600 shares were re-issued to Ram as fully paid up for `9 per share. What is to amount to be transferred to capital Reserve?
• The difference between subscribed capital and called up capital
• Which of the following should be deducted from the shares capital to find out paid up capital
• ………..should be deducted from the share capital to determine the paid up capital.