Reserve capital is: - CUET Accountancy MCQ CUET Accountancy 2025 2 June Shift 2 2026 | ExamTest.live | ExamTest.live

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Reserve capital is:

A $A kind of capital reserve.$
B $Part of called up capital.$
C $Part of the subscribed capital decided not to be called up except in the event of winding up.$
D $Part of capital not yet issued.$

Solution & Step-by-step Explanation

Reserve Capital represents a portion of a company's uncalled subscribed capital that the company has resolved, via special resolution, not to call up except in the event of winding up or liquidation.

Practice this question

Try it yourself before checking the explanation above.

Reserve capital is:

A

A kind of capital reserve.

B

Part of called up capital.

C

Part of the subscribed capital decided not to be called up except in the event of winding up.

D

Part of capital not yet issued.

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Company Accounts Share Capital Reserve Capital

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