The term capitalisation of reserves is used to denote?

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Q 1587801787.     The term capitalisation of reserves is used to denote?


A

the use of reserves for the acquisition of additional capital

B

the use of reserves for paying-off loans raised for building up fixed assets

C

the use of reserves for issuing bonus shares to the existing shareholders

D

the use of reserves for the replacement of depreciated assets

E

None of the above

HINT

Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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