Capital reserves includes the following except
...Capital reserves includes the following except
Revaluation surplus
Pre-incoporation profit
Share premium
General reserves
Correct answer is D
General reserves is not a form of capital reserves. It is considered as revenue reserves
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\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...
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Use the following information to answer the given question \(\begin{array}{c|c} & N & &...