The Capital Redemption reserve is created for the following reasons: | Faculties

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Mr. Dubey

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📊 Corporate Accounting

Q. The Capital Redemption reserve is created for the following reasons:

(A) to maintain the capital intact
(B) to safeguard the interest company’s creditors
(C) both of the above
(D) none of the above

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✅ Correct Answer: (C) both of the above

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