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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 4 · Set 2 · Q7
Part of the uncalled share capital that can be called up only at the time of winding up of the company is called:
Part of the uncalled share capital that can be called up only at the time of winding up of the company is called :
Official answer
(C)
Reserve capital
Marking-scheme solution
(c)
Reserve capital
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.