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Preference shares amounting to Rs.3,00,000 are redeemed at a premium of 5%, by issue of equity shares amounting to Rs.2,00,000 at a premium of 3%. The amount to be transferred to Capital Redemption Reserve = ?a)Rs.1,00,000b)Rs.1,20,000c)Rs.2,10,000d)NoneCorrect answer is option 'A'. 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 Preference shares amounting to Rs.3,00,000 are redeemed at a premium of 5%, by issue of equity shares amounting to Rs.2,00,000 at a premium of 3%. The amount to be transferred to Capital Redemption Reserve = ?a)Rs.1,00,000b)Rs.1,20,000c)Rs.2,10,000d)NoneCorrect answer is option 'A'. 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 Preference shares amounting to Rs.3,00,000 are redeemed at a premium of 5%, by issue of equity shares amounting to Rs.2,00,000 at a premium of 3%. The amount to be transferred to Capital Redemption Reserve = ?a)Rs.1,00,000b)Rs.1,20,000c)Rs.2,10,000d)NoneCorrect answer is option 'A'. Can you explain this answer?.

Solutions for Preference shares amounting to Rs.3,00,000 are redeemed at a premium of 5%, by issue of equity shares amounting to Rs.2,00,000 at a premium of 3%. The amount to be transferred to Capital Redemption Reserve = ?a)Rs.1,00,000b)Rs.1,20,000c)Rs.2,10,000d)NoneCorrect answer is option 'A'. 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.

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