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:

• A. (A), (B), and (E) Only
• B. (B), (C), and (D) Only
• C. (A), (C), and (D) Only
• D. (A), (B), and (D) Only

Answer 1

The Correct Option is C

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