After the implementation of the scheme of internal reconstruction , any surplus in capital reduction A/C is transferred to :

Related MCQs

• After the implementation of scheme of internal reconstruction, any amount left in the capital reduction A/C will be transfer to:
• ……………………reconstruction refers to the reduction of capital to cancel any paid up capital.
• The balance in capital reduction a/c after writing off all accumulated loss, fictitious assets and overvalued assets are transferred to -------------
• The balance in Capital Reduction Account is transferred to …………
• --------- is the account created in connection with internal reconstruction.
• Under which of the following circumstances can a company resort to internal reconstruction?
• Internal reconstruction can be done by ----------
• Internal reconstruction is done due to ………..
• Internal reconstruction can be ………
• In internal reconstruction, increase in the value of fixed assets is credited to……….