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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

That part of share capital which can be called up only on the winding up of a company is called: - Accountancy

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Question

That part of share capital which can be called up only on the winding up of a company is called:

Options

  • Authorised capital

  • Called up capital

  • Capital reserve

  • Reserve capital

MCQ
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Solution

Reserve capital

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Chapter 7: Company accounts - Multiple choice questions [Page 255]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 7 Company accounts
Multiple choice questions | Q I 2. | Page 255
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