alleryStart learning →Capital reserve of Rs 25 lakh from a promoters grant; Rs 5 lakh refunded. Reserve left?
ARs 20,00,000
BRs 5,00,000
CRs 30,00,000
DRs 25,00,000
Answer & Solution
Correct answer: A. Rs 20,00,000
The refunded 5,00,000 is deducted from the capital reserve of 25,00,000, leaving 20,00,000.
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