Accounting · Share Capital
Which of the following reserves or accounts cannot be utilized for the purpose of creating a Capital Redemption Reserve (CRR)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Profit and Loss Account balance
- 2General Reserve
- 3Dividend Equalization Reserve
- 4Securities Premium Account✓
Correct answer
Securities Premium Account
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