A. net income
B. revenue reserve
C. capital reserve
D. net loss
Correct Answer:
Option C – capital reserve
Explanation
Capital reserve is derived from the accumulated capital surplus of a company, created out of capital profit.
A. net income
B. revenue reserve
C. capital reserve
D. net loss
Correct Answer:
Option C – capital reserve
Explanation
Capital reserve is derived from the accumulated capital surplus of a company, created out of capital profit.
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