Question

State with reason whether securities premium reserve can be used to write off
bad debts​

Answer 1

Explanation:

State, with reason, whether securities premium reserve can be used to write off bad debts. ... Securities Premium Reserve can be write off for following purposes : in paying up unissued shares to be issued as fully paid bonus shares. in writing off preliminary expenses.

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Answer 2

Explanation:

State, with reason, whether securities premium reserve can be used to write off bad debts. ... Securities Premium Reserve can be write off for following purposes : in paying up unissued shares to be issued as fully paid bonus shares. in writing off preliminary expenses.