The Capital Redemption reserve is created for the following reasons:

Related MCQs

• Which of the following cannot be used for the purpose of creation of capital redemption reserve account?
• Which of the following accounts can be transferred to capital redemption reserve account?
• Which of the following can be utilized for the redemption of preference shares of a company out of profit:
• Which of the following cannot be utilized for the redemption of preference shares of a company
• On the retirement of a partner any reserve being should be transferred to the capital account of:
• When Redeemable Preference shares are due for redemption, the entry passed is
• Goods are sent to branch at cost plus 20%. If closing stock of the branch is Rs 60,000 at invoice price, Rs ______ will be credited to stock reserve a/c.
• The stock reserve for unrealised profit will be ________ to the H.O profit & Loss A/C
• At the time of admission of a new partner, general reserve is:
• Dividing the expenditure into capital and revenue is according to