Business Studies · Corporate Accounting

Which of the following is NOT an example of a capital reserve?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Profit on redemption of debentures
2Workman's Compensation Fund✓
3Premium on issue of shares
4Profit on sale of fixed assets

Correct answer

Workman's Compensation Fund

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Which of the following is NOT an example of a capital reserve?

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Which of the following is NOT an example of a capital reserve?

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