Accountancy, asked by manusharmaboss, 13 hours ago

can security premium can be used a sworking capital give reason for your ans

Answers

Answered by yogeshbhuyal7

Answer:

Securities Premium Reserve' cannot be used as working capital. It can be used only for those purposes which are specified under section 52 of Companies.

Previous Question

Next Question

Similar questions

Science, 7 hours ago

When sugar is dissolved in water,u can no longer distinguish the sugar, what kind of mixture is it? A homogeneous B heterogeneous C mix D not mix...

Math, 7 hours ago

test the divisibility of each of the following numbers by 11: (i) 22222 (ii) 444444 (iii) 379654 (iv) 1057982. Please answer it in detail...

Science, 7 hours ago

17. Choose the correct molecular formula of the compounds.

English, 13 hours ago

write a speech on the topic “God created man and woman as equals' to deliver in your school assembly.

English, 13 hours ago

letter writing please answer it exam papar i am writing...

Math, 8 months ago

Arrange the fractions in increasing order 3/7;2/7;5/7=...

History, 8 months ago

the Constitution establishes the supremacy of ______in financial matters...

English, 8 months ago

how can we improve our awareness on the social,cultural and political changes using the ativity...