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During the year 2018-2019, T Ltd. buy back 20,000 equity shares of ₹100 each at a premium of 5%. During the year 2018-2019, as the company did not have sufficient cash resources to buy back equity shares, it issued 1,00,000, 12% Preference shares of 10 each at a premium of 15%. The company has sufficient balance in general reserve. At the time of buy back equity shares, the amount to be transferred to capital redemption reserve = ? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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During the year 2018-2019, T Ltd. buy back 20,000 equity shares of ₹100 each at a premium of 5%. During the year 2018-2019, as the company did not have sufficient cash resources to buy back equity shares, it issued 1,00,000, 12% Preference shares of 10 each at a premium of 15%. The company has sufficient balance in general reserve. At the time of buy back equity shares, the amount to be transferred to capital redemption reserve = ?, a detailed solution for During the year 2018-2019, T Ltd. buy back 20,000 equity shares of ₹100 each at a premium of 5%. During the year 2018-2019, as the company did not have sufficient cash resources to buy back equity shares, it issued 1,00,000, 12% Preference shares of 10 each at a premium of 15%. The company has sufficient balance in general reserve. At the time of buy back equity shares, the amount to be transferred to capital redemption reserve = ? has been provided alongside types of During the year 2018-2019, T Ltd. buy back 20,000 equity shares of ₹100 each at a premium of 5%. During the year 2018-2019, as the company did not have sufficient cash resources to buy back equity shares, it issued 1,00,000, 12% Preference shares of 10 each at a premium of 15%. The company has sufficient balance in general reserve. At the time of buy back equity shares, the amount to be transferred to capital redemption reserve = ? theory, EduRev gives you an
ample number of questions to practice During the year 2018-2019, T Ltd. buy back 20,000 equity shares of ₹100 each at a premium of 5%. During the year 2018-2019, as the company did not have sufficient cash resources to buy back equity shares, it issued 1,00,000, 12% Preference shares of 10 each at a premium of 15%. The company has sufficient balance in general reserve. At the time of buy back equity shares, the amount to be transferred to capital redemption reserve = ? tests, examples and also practice UPSC tests.