Which of the following can be distributed among the shareholders?
A. Capital reserve
B. General reserve
C. Revaluation reserve
D. All of the above
Answer: Option B
Solution(By Examveda Team)
General reserve can be distributed among the shareholders. General reserve can be used for distribution of dividend among shareholders when profit is insufficient. Reserves and surpluses are shown in liabilities side of balance sheet.This Question Belongs to Commerce >> Accounting
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