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Capital Reserve Questions

Practice 6 Capital Reserve questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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6
Total Questions
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4
Medium
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Hard
Practice by Exam:Accountancy(4)CUET Accountancy(2)

About Capital Reserve — practice questions, PYQs & concepts

Capital Reserve is a frequently-tested topic on Accountancy, CUET Accountancy. ExamTest.live currently lists 6 Capital Reserve questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Capital Reserve weight in competitive exams

Across our Capital Reserve question bank, the largest sources are Accountancy (4) and CUET Accountancy (2). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

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  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
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All Capital Reserve Questions(1–6 of 6)

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Q1hardmcqAccountancyCUET Accountancy 2022 15 July Shift 22026
0% accuracy
[Context based on Mona Ltd.] Out of the forfeited shares, $150$ shares were reissued at $\text{Rs. } 8$ per share fully paid up, including the whole of Mr. Sharma's shares ($100$ shares). The remaining $50$ shares were from Mr. Verma's forfeited shares (who held $200$ shares and failed to pay call money).Calculate the amount transferred to the Capital Reserve.
Q2mediummcqAccountancyCUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3)2026
shares of each issued at par were forfeited for non-payment of final call of per share. These shares were reissued at per share as fully paid-up. The amount transferred to capital reserve is:
Q3mediummcqCUET AccountancyCUET Accountancy 2025 15 May Shift 12026
The director of Priya polymer Limited resolved that 200 equity shares of Rs. 100 each be forfeited for non-payment of the second and final call of Rs. 30 per share. Out of these, 150 shares were re-issued at Rs. 60 per share to Monit. The amount of capital reserve will be:
Q4mediummcqAccountancyCUET Accountancy 2025 22 May Shift 12026
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:
Q5mediummcqAccountancyCUET Accountancy2026
The net profit realized from the reissue of forfeited shares is transferred to which of the following accounts?
Q6easymcqCUET AccountancyCUET 2025 31 May Shift 12026
The Profit on reissue of forfeited shares is transferred to :

Frequently Asked Questions

How many Capital Reserve questions are on ExamTest.live?▼
We have 6 Capital Reserve questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
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Which exams include Capital Reserve questions?▼
Capital Reserve questions are commonly asked in Accountancy, CUET Accountancy. You can filter by exam using the links above.
How do I practice Capital Reserve questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.