Question

(1) Capital reserve is utilised for payment of dividend. ​

Answer 1

Answer:

Sums allocated to a capital reserve are permanently invested and cannot be used to pay dividends to shareholders. They are earmarked for specific purposes, such as long-term projects, mitigating capital losses, or any other long-term contingencies.

Explanation:

please mark it as brain liest answer

Answer 2

Answer:

Sums allocated to a capital reserve are permanently invested and cannot be used to pay dividends to shareholders. They are earmarked for specific purposes, such as long-term projects, mitigating capital losses, or any other long-term contingencies.