Which of the following is a statutory reserve?

Related MCQs

• Revenue reserve means any reserve other than ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ reserve.
• Which of the following a/c is debited when statutory reserve of the transferor company is taken over by the transferee company?
• Which of the following is not a statutory reserve?
• Banks are required to transfer ….. of their profits to statutory reserve
• ………… is a statutory reserve
• A Banking company should transfer ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of its profits to a statutory reserve.
• A ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company should transfer 25% of its profits to a statutory reserve
• Banks are required to transfer ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of their profits to a statutory Reserve.
• As per ………..it is the statutory obligation of companies to prepare their final accounts.
• …….of profit is transferred to statutory reserves.