Capital reduction account is used to …

Related MCQs

• Capital Reduction Account is a ………..
• The balance in Capital Reduction Account is transferred to …………
• ……………………reconstruction refers to the reduction of capital to cancel any paid up capital.
• Capital Redemption Reserve Account and Securities Premium Account can be only for issuing fully paid Bonus Shares and not for making partly paid shares into ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Redemption of preference shares should not be regarded as reduction of ----- capital of the company.
• Any increase in the value of assets is…. to capital reduction
• The balance in capital reduction a/c after writing off all accumulated loss, fictitious assets and overvalued assets are transferred to -------------
• Which of the following result in reduction of capital?
• After the implementation of the scheme of internal reconstruction , any surplus in capital reduction A/C is transferred to :
• Reduction of share capital is possible by the company, if it is authorized by its: