a-4, b-3, c-2, d-1
a-2, b-4, c-1, d-3
a-4, b-2, c-1, d-3
a-4, b-1, c-2, d-3
Answer is Right!
Answer is Wrong!
The correct answer is: C. a-4, b-2, c-1, d-3
List-I | List-II
——- | ——–
a. Expenses of scheme | Debit capital reduction account
b. Statutory reserve | Not transferable to capital reduction
c. Balance sheet after reduction | Indicate and reduced
d. Reduction in paid-up value of shares | Transfer difference to capital reserve
Explanation:
a. Expenses of scheme are debited to capital reduction account.
b. Statutory reserve is not transferable to capital reduction.
c. Balance sheet after reduction should indicate the reduction in
d. The difference between the amount of the reduction and the amount of the expenses of the scheme is transferred to capital reserve.