What is the name given to the ‘part of capital’ of a company which is Called-up only on winding up? Post category:Accountancy Reading time:1 mins read SOLUTION Reserve Capital. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is meant by ‘Issue of shares for consideration other than cash’? Give an example. Next PostGive the meaning of ‘Subscribed and Fully Paid-up Capital. (C.B.S.E. Sample Paper 2013) You Might Also Like From the following information, determine Opening and Closing inventories: Inventory Turnover Ratio 5 Times, Total sales Rs. 2,00,000, Gross Profit Ratio 25%. Closing Inventory is more by Rs. 4,000 than the Opening Inventory. August 13, 2022 Six friends started a partnership business by investing Rs. 2.00,000 each. They decided to share profit equally. Name the terms by which they will be called individually and collectively. September 23, 2022 Amar and Akhar are partners sharing profits in the ratio of 2: 1. On 31st March, 2022, their Balance Sheet showed General Reserve of Rs. 60,000. It was decided that in future they will share profits and losses in the ratio of 3: 2. Pass necessary Journal entry in each of the following alternative cases: (i) When General Reserve is not to be shown in the new Balance Sheet. (ii) When General Reserve is to be shown in the new Balance Sheet. October 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.