Answered: Which of the following is not an…

Which of the following is not an undistributable reserve? A. Share premium account B. Capital redemption reserve C. Unrealised profits D. Accumulated realised profits

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter7: Introduction To Financial Statement Analysis

Section: Chapter Questions

Problem 8Q

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Question

Which of the following is not an undistributable reserve?

	A.	Share premium account
	B.	Capital redemption reserve
	C.	Unrealised profits
	D.	Accumulated realised profits

Definition Definition Remaining net income of the company after the required dividends are paid to shareholders. This surplus money is usually invested back into the business to expand its business operations or launch a new product.

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