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.Related Questions on Accounting
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A. Cost and income for managers
B. Company's tax liability for a particular year
C. Financial conditions of an institutions
D. All of the above
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A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
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A. Current assets
B. Fixed assets
C. Intangible assets
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A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
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