{"id":54015,"date":"2024-04-16T00:02:59","date_gmt":"2024-04-16T00:02:59","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=54015"},"modified":"2024-04-16T00:02:59","modified_gmt":"2024-04-16T00:02:59","slug":"match-the-following-list-i-list-ii-a-expenses-of-scheme-1-not-transferable-to-capital-reduction-b-statutory-reserve-2-indicate-and-reduced-c-balance-sheet-after-reduction-3-transfer-difference","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/match-the-following-list-i-list-ii-a-expenses-of-scheme-1-not-transferable-to-capital-reduction-b-statutory-reserve-2-indicate-and-reduced-c-balance-sheet-after-reduction-3-transfer-difference\/","title":{"rendered":"Match the following. List-I List-II a. Expenses of scheme 1. Not transferable to capital reduction b. Statutory reserve 2. Indicate and reduced c. Balance sheet after reduction 3. Transfer difference to capital reserve d. Reduction in paid-up value of shares 4. Debit capital reduction account"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;a-4, b-3, c-2, d-1&#8243; option2=&#8221;a-2, b-4, c-1, d-3&#8243; option3=&#8221;a-4, b-2, c-1, d-3&#8243; option4=&#8221;a-4, b-1, c-2, d-3&#8243; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: C. a-4, b-2, c-1, d-3<\/p>\n<p>List-I | List-II<br \/>\n&#8212;&#8212;- | &#8212;&#8212;&#8211;<br \/>\na. Expenses of scheme | Debit capital reduction account<br \/>\nb. Statutory reserve | Not transferable to capital reduction<br \/>\nc. Balance sheet after reduction | Indicate and reduced<br \/>\nd. Reduction in paid-up value of shares | Transfer difference to capital reserve<\/p>\n<p>Explanation:<\/p>\n<p>a. Expenses of scheme are debited to capital reduction account.<br \/>\nb. Statutory reserve is not transferable to capital reduction.<br \/>\nc. Balance sheet after reduction should indicate the reduction in paid-up value of shares.<br \/>\nd. The difference between the amount of the reduction and the amount of the expenses of the scheme is transferred to capital reserve.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;a-4, b-3, c-2, d-1&#8243; option2=&#8221;a-2, b-4, c-1, d-3&#8243; option3=&#8221;a-4, b-2, c-1, d-3&#8243; option4=&#8221;a-4, b-1, c-2, d-3&#8243; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-54015","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Match the following. List-I List-II a. Expenses of scheme 1. Not transferable to capital reduction b. 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Debit capital reduction account\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;a-4, b-3, c-2, d-1&#8243; option2=&#8221;a-2, b-4, c-1, d-3&#8243; option3=&#8221;a-4, b-2, c-1, d-3&#8243; option4=&#8221;a-4, b-1, c-2, d-3&#8243; correct=&#8221;option3&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/match-the-following-list-i-list-ii-a-expenses-of-scheme-1-not-transferable-to-capital-reduction-b-statutory-reserve-2-indicate-and-reduced-c-balance-sheet-after-reduction-3-transfer-difference\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T00:02:59+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Match the following. List-I List-II a. Expenses of scheme 1. Not transferable to capital reduction b. Statutory reserve 2. Indicate and reduced c. Balance sheet after reduction 3. Transfer difference to capital reserve d. Reduction in paid-up value of shares 4. Debit capital reduction account","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/match-the-following-list-i-list-ii-a-expenses-of-scheme-1-not-transferable-to-capital-reduction-b-statutory-reserve-2-indicate-and-reduced-c-balance-sheet-after-reduction-3-transfer-difference\/","og_locale":"en_US","og_type":"article","og_title":"Match the following. List-I List-II a. Expenses of scheme 1. Not transferable to capital reduction b. Statutory reserve 2. Indicate and reduced c. Balance sheet after reduction 3. Transfer difference to capital reserve d. Reduction in paid-up value of shares 4. 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