How would a transfer to general reserve and the issue of shares at a premium affect the revenue reserves of a limited company?
A transfer to general reserve: decrease, issue of shares at a premium: decrease
B transfer to general reserve: decrease, issue of shares at a premium: increase
C transfer to general reserve:no effect, issue of shares at a premium: increase
D transfer to general reserve:no effect, issue of shares at a premium: no effect
Answer:D
How would a transfer to general reserve and the issue of shares at a premium affect the revenue reserves of a limited company?
A transfer to general reserve: decrease, issue of shares at a premium: decrease B transfer to general reserve: decrease, issue of shares at a premium: increase C transfer to general reserve:no effect, issue of shares at a premium: increase D transfer to general reserve:no effect, issue of shares at a premium: no effect