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The following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct 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 following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct 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 following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct answer is option 'B'. Can you explain this answer?.

Solutions for The following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct 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 following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for The following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of The following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The following is the balance sheet of G Ltd. as on March 31, 2006:The Board of Directors of the company decided to redeem the preference shares at a premium of 10%. In order to facilitate the redemption, the Board has taken the following decisions:? To sell the investments for Rs. 4,00,000? To issue sufficient equity shares at a premium of Rs. 2 per share to raise the balance of funds needed&lowest; To maintain minimum bank balance of Rs. 50,000The Board of Directors initiated the above course of action during the month of April, 2006 and redeemed all the preference shares.The amount to be transferred to Capital Redemption Reserve =?a)Rs. 70,000b)Rs. 5,25,000c)Rs. 1,25,000d)Rs. 8,00,000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.