Vidyalelo
Commerce · Q2659

Accounting

Graduate and Post Graduate · Commerce · question 2659

Q2659

The balance in capital reduction a/c after writing off all accumulated loss, fictitious assets and overvalued assets are transferred to . . . . . . . .

A.
capital reserve
Answer
B.
general reserve
C.
reserve capital
D.
goodwill

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board