Accountancy, asked by ayushsharma29122007, 6 days ago

On dissolution, if investments are not given in balance sheet and
only Investment Fluctuation Reserve is given on the liabilities
side, it is transferred to
​

Answers

Answered by surbhisahni26
0

At the time of dissolution, investment fluctuation reserve should be transferred to the credit side of revaluation account. It should not be distributed as free reserve.

At the time of dissolution, investment fluctuation reserve should be transferred to the credit side of revaluation account. It should not be distributed as free reserve.

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