i, transfer to capital redemption reserve is not allowed
from
A, GENERAL RESERVE
B, PROFIT PRIOR TO INCORPARATION
C, RESERVE FUND
D, NONE OF THE ABOVE
Goods worth Rs.347.60 has been destroyed. Ex:(parachute Hair Oil 8 Ml, So entry will be.. Abnormal Loss A/c Dr....347.60 To Stock Destroyed A/c How it possible????
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1 Answers Chartered Accountant,