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Commerce · Q2839

Accounting

Graduate and Post Graduate · Commerce · question 2839

Q2839

When the proposed dividend exceeds 20% of paid up capital, percentage of profit transferred to general reserve is . . . . . . . .

A.
2.5%
B.
5%
C.
7.5%
D.
10%
Answer

Answer: Option D

Solution

Answer: Option D
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