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This question belongs to Commerce Accounting
Accounting
?

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

Answer & Solution
Correct Answer: Option D
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