MCQOPTIONS
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| 1. |
Capital reserve will appear on the liability side of the balance sheet under the head ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐. |
| A. | Reserves & surpluses |
| B. | Secured loan |
| C. | Unsecured loan |
| D. | Current liabilities. |
| Answer» B. Secured loan | |