Financial and Management Accounting

1: Which of the following reserves are free reserves that can be used for issue of bonus shares? l. Surplus in profit and loss account 2. General reserve 3. Capital reserve arising due to revaluation of assets. 4. Dividend equalisation reserve 5. Securities premium collected in cash only 6. Securities premium arising on issue of shares on amalgamation or take over. Select the correct answer using the codes given below:

A.	1,2 4 and 5
B.	1,2,3,4 and 5
C.	1,2,4,5 and 6
D.	1,2,3,4,5 and 6
	Answer : A Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

Sample Online Test

GK Test 4 Statement & Argument Numerical Reasoning Psychometric Online Test 1

UGC NET Paper 1 UGC NET Computer Science UGC NET Exam GATE Exam Aptitude Viva Questions General Knowledge Computer Questions Online Test

Financial and Management Accounting

Sample Online Test

Suggest an improvement