The accumulated profit and reserve are transferred to :-

Question

(A) Realisation Account

(B) Capital Account

(C) Bank Account

(D) None of these

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Where is the profit or loss on sale of the asset is transferred?

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Profit on cancellation of own debentures is transferred to :-

2 Answers 4 Views

(i) Gross Profit is transferred to _________ account.

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(i) Net profit is transferred to ________

2 Answers 5 Views

2 Answers 5 Views

Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

Correct option is: (B) Capital Account

4 views Answered 2023-02-05 15:29