Q532
Match the following. List-I List-II a. Absorption 1. Profit on reissue of shares is to be transferred to . . . . . . . . b. Accumulated losses and fictitious assets 2. When there are one or more liquidation and no formation, it is known as . . . . . . . . c. Consolidated revenue profits 3. Internal reconstruction is generally resorted to write off . . . . . . . . d. Capital reserve 4. The group share of proposed dividends by the subsidiary is added to . . . . . . . .
Match the following.
| List-I | List-II |
| a. Absorption | 1. Profit on reissue of shares is to be transferred to . . . . . . . . |
| b. Accumulated losses and fictitious assets | 2. When there are one or more liquidation and no formation, it is known as . . . . . . . . |
| c. Consolidated revenue profits | 3. Internal reconstruction is generally resorted to write off . . . . . . . . |
| d. Capital reserve | 4. The group share of proposed dividends by the subsidiary is added to . . . . . . . . |
A.
a-4, b-3, c-2, d-1
B.
a-3, b-4, c-2, d-1
C.
a-2, b-3, c-4, d-1
AnswerD.
a-3, b-4, c-1, d-2
Answer: Option C
Solution
Answer: Option C
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