Question Description
The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer?.

Solutions for The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer?, a detailed solution for The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The Balance sheet of A Ltd. as on March 31,2006 is as under:The 12% preference shares are redeemable at a premium of 10%. The company wishes to maintain the cash balance at Rs. 25,000. For the purpose of redemption of preference shares, it proposed to sell the investments for Rs. 2,00,000. The company proposes to issue sufficient number of equity shares of Rs. 100 each at a premium of 5% to raise required cash resources.Number of equity shares to be issued is __________.a)1500b)1000c)950d)1500Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.