Question : Which of the following capitals is missing from the Balance Sheet of a company?
Option 1: Authorised Capital
Option 2: Called & Paid up capital
Option 3: Issued and subscribed capital
Option 4: Reserve Capital
Answer (1)
24th Jan, 2024
Correct Answer: Reserve Capital
Solution : Reserve capital is a portion of a company's authorized capital that has not yet been called up. The Balance Sheet of the business does not reflect it. It is called up at the time of winding up.
Hence, the correct answer is Option 4
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