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    Company Accounting Study Set 1
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    Exam 3: Company Operations
  5. Question
    When Making a Transfer from a General Reserve to Retained
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When Making a Transfer from a General Reserve to Retained

Question 3

Question 3

Multiple Choice

When making a transfer from a general reserve to retained earnings,which of the following journals could be used?


A) DR General reserve CR Retained earnings
B) DR General reserve CR Share capital
C) DR Retained earnings CR General reserve
D) DR Share capital CR General reserve

Correct Answer:

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