Financial and Management Accounting

1: Which of the following reserves can be utilised only for issuing fully paid bonus shares and not for making partly paid shares fully paid shares? l. Dividend equalisation reserve 2. Capital reserve arising from profit on sale of fixed assets received in cash 3. Capital redemption reserve account created at the time of redemption of redeemable preference shares out of the profits. 4. Securities premium collected in cash only. Select the correct answer using the codes given below: