Reserve Capital is that portion of uncalled capital which, by a special resolution, a company decides to call only in the event of winding up. It is different from Capital Reserve, which is created out of capital profits.
When a company reserve a portion of its uncalled capital to be called in the event of winding up, such uncalled capital is known as:-
CUET UG 2023 — Accountancy Company Accounts
2023mcqeasy
When a company reserve a portion of its uncalled capital to be called in the event of winding up, such uncalled capital is known as:-
Official previous-year question
Held on 20 Jun 2023 · Verified 13 Jul 2026.
Options
- A
Reserve capital
- B
Capital Reserve
- C
Called up Capital
- D
Subscribed Capital
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