Accountancy, asked by jasmeenvirdi4745, 6 months ago

Which of the following is an example of Specific Reserve?

a) Premium on issue of shares

b) Dividend Equalisation Reserve

c) Profit prior to incorporation

d) Profit on redemption of debentures​

Answers

Answered by simasomal
3

Answer:

b) Dividend Equalisation Reserve

Explanation:

Examples of Specific Reserve

Dividend Equalization Reserve. Investment Fluctuation Reserve. Debenture Redemption Reserve. Plant and Machinery Replacement such as Sinking Fund Reserve or Depreciation Fund Reserve.


jasmeenvirdi4745: thx
simasomal: you're welcome
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