Question:

Reserves and Surplus includes:
(A) Statement of Profits and Loss (Credit Balance) 
(B) Reserve Capital 
(C) Securities Premium Reserve 
(D) Capital Redemption Reserve 
(E) Share Application Money Pending Allotment 
Choose the correct answer from the options given below:

Updated On: Feb 26, 2025
  • (A), (B), and (E) Only
  • (B), (C), and (D) Only
  • (A), (C), and (D) Only
  • (A), (B), and (D) Only
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The Correct Option is C

Solution and Explanation

The correct option is (C) :(A), (C), and (D) Only
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