Question

amount sacrificed by share holder's are credited to​

Answer 1

Answer:

The Capital Reduction Account represents the sacrifice made by the Shareholders, Debenture-holders, Creditors etc. The appreciation in the value of assets is also credited to this account. This amount available is used to write off accumulated losses, intangible assets, over-valuation of assets, etc.

Explanation:

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Answer 2

Answer:

The Capital Reduction Account represents the sacrifice made by the Shareholders, Debenture-holders, Creditors etc.