📊 Corporate Accounting
Q. Profit on the re‐issue of forfeited shares is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ account.
  • (A) General reserve
  • (B) Capital reserve
  • (C) Capital redemption reserve
  • (D) none of these.
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✅ Correct Answer: (B) Capital reserve

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