CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

___________ is created out of revenue profits from business operations.

A
Revenue Reserves
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
General Reserve
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Reserve Fund
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Dividend equalisation Reserve
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Revenue Reserves
Revenue profit means Profit earned in normal course of business and reserve created out of this undistributed profits are called revenue reserves.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Provisions and Reserves
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon