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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 1 · Set 3 · Q12
That portion of the uncalled capital which is called only in the event of winding up of the company, is called:
That portion of the uncalled capital which is called only in the event of winding up of the company, is called :
Official answer
(D)
Reserve capital
Marking-scheme solution
(d)
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.