The accumulated profits are called by a special term called by?

Share Capital

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Reserve and Surplus

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Share certificate

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Current Assets

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Solution

The correct option is B
Reserve and Surplus

The accumulated profits are called by a special term called Reserves and Surplus

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Similar questions


Particulars		₹
Share Capital		5,00,000
Reserves and Surplus		2,50,000
Net Fixed Assets		22,50,000
Non-current Trade Investments		2,50,000
Current Assets		11,00,000
10% Long-term Borrowings		20,00,000
Current Liabilities		8,50,000
Long-term Provision		NIL

From the following, calculate (a) Debt Equity Ratio (b) Total Assets to Debt Ratio (c) Proprietary Ratio.

Share Capital	₹3,00,000	Reserves and Surplus	₹1,80,000
Non-current Assets	₹13,20,000	Current Assets	₹ 6,00,000

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