Buy - Back Of Securities And Equity Shares With Differential Rights

Accountancy

Amount to be transferred to Capital Redemption Reserve A/C should be 500

Harsh Mittal

CA Final

★ 1K+

21-Sep-22 00:59

628

Answers (2)

Since Preference shares were issued for the purpose of buy back, no need to transfer such amount to CRR A/c. Hence only 300 is transferred

Rakshith C R

CA Final

★ 35K+

21-Sep-22 01:42

Thank you

Thread Starter

Harsh Mittal

CA Final

★ 1K+

21-Sep-22 15:10