Extra Education
← All Corporate Accounting questions
1

The balance in capital reduction a/c after writing off all accumulated loss, fictitious assets and overvalued assets are transferred to -------------

Correct Answer: capital reserve

Make the most of this question

This page focuses on one Corporate Accounting question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

← More Corporate Accounting MCQsAll Faculty topicsMock test hub
Corporate Accounting MCQ: The balance in capital reduction a/c after writing off all accumulated loss, fictitious assets and overvalued assets are transferred to ------------- | Extra Education