MCQOPTIONS
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| 1. |
Profit on the re‐issue of forfeited shares is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ account. |
| A. | General reserve |
| B. | Capital reserve |
| C. | Capital redemption reserve |
| D. | none of these. |
| Answer» C. Capital redemption reserve | |