Q1586
Match the following. List-I List-II a. Expenses of scheme 1. Not transferable to capital reduction b. Statutory reserve 2. Indicate and reduced c. Balance sheet after reduction 3. Transfer difference to capital reserve d. Reduction in paid-up value of shares 4. Debit capital reduction account
Match the following.
| List-I | List-II |
| a. Expenses of scheme | 1. Not transferable to capital reduction |
| b. Statutory reserve | 2. Indicate and reduced |
| c. Balance sheet after reduction | 3. Transfer difference to capital reserve |
| d. Reduction in paid-up value of shares | 4. Debit capital reduction account |
A.
a-4, b-3, c-2, d-1
B.
a-2, b-4, c-1, d-3
C.
a-4, b-2, c-1, d-3
D.
a-4, b-1, c-2, d-3
AnswerAnswer: Option D
Solution
Answer: Option D
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