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Home/Practice questions/Accountancy Part A

Accountancy Part AAccounting for Shares

Capital reserves are created from ______.

Capital reserves are created from ______.

Answer & explanation+

Correct answer: option 1

The correct answer is Option (1) → Capital profits

NCERT (2026-27 edition):
Test your Understanding – I

Extract from the NCERT textbook

Extract from the NCERT textbook

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