Accounting · Reserves and Provisions
Profit earned on the sale of fixed assets is typically used to create a _______.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1General Reserve
- 2Exclusive Reserve
- 3Capital Reserve✓
- 4Investment Fluctuation Reserve
Correct answer
Capital Reserve
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Reserves and Provisions MCQs →Want more practice questions on Reserves and Provisions?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Reserves and Provisions