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Does loss on redemption of preference shares not debited to profit and loss ac?
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Does loss on redemption of preference shares not debited to profit and...
Because loss on redemption of preference share is not any revenue loss but it is a capital loss so it can reduces the capital and that cause the it cannot be debited to profit and loss account
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Does loss on redemption of preference shares not debited to profit and loss ac?
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Does loss on redemption of preference shares not debited to profit and loss ac? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Does loss on redemption of preference shares not debited to profit and loss ac? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Does loss on redemption of preference shares not debited to profit and loss ac?.
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