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Buy back of securities

Accountancy

Sir in illustration 1, we haven't created CRR because we have bought back shares with the proceeds of fresh issue of shares But in ICAI material they have created CRR to the extent of shares bought back i.e, Rs.600000. which one to follow?


Rithani R.C

Rithani R.C

CA Inter

4K+

24-Mar-21 09:50

254

Answers (2)

Pls check note below pref shares


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

24-Mar-21 09:59

Which video are you referring to?


Sudha Reddy

Sudha Reddy

CA Final

20K+

24-Mar-21 10:10

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