CUET Accountancy - Which statements are correct about capital reserve:- (A) It is necessary to create capital reserves out of capital profits, if any. (B) It cannot be used to issue bonus shares. (C) It can be used to write off capital losses or to issue bonus shares any time during the lifetime of the company. (D) It is not shown on the company balance sheet. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 22 May Shift 1

Company Accounts

Medium

common

(A) and (C) only

(A), (B) and (C) only

(A), (C) and (D) only

✅ Correct Option: 1

Related questions:

3 June Shift 2

There must be an interval of how many months between the making of two calls unless otherwise provided by the articles of association of the company.

2 June Shift 2

Match List-I with List-II

List-I	List-II
(A) Authorized capital.	(I) Mentioned in Prospectus.
(B) Issued capital.	(II) Mentioned In Memorandum Of Association.
(C) Subscribed capital.	(III) called up capital-calls in arrears.
(D) Paid up capital.	(IV) Capital for which application is received.

Choose the correct answer from the options given below:

CUET Accountancy 2024 Slot 1

Arrange the following in the correct order:

CUET Accountancy 2025 22 May Shift 1 PYQs