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Which of the following is not an example of capital reserve?
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2011
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Which of the following is not an example of capital reserve?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Share premium
B
Retained profits
C
Surplus on revaluation of assets
D
Pre-incorporation profits
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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