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Advance account - buy back

Accountancy

Illustration 3 - 4th Journal entry Amount transferred to CRR account, but am not get how it is calculated? Please let me know.

Rachith Bhat

CA Inter

★ 10K+

17-Nov-20 17:28

356

Answers (1)

Best Answer

Preference shares were issued two months prior for purpose of buyback.

CA Suraj Lakhotia

Admin

17-Nov-20 19:22

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