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Accountancy

How to calculate the amount to be transeferred to Capital Redemption Reserve A/C on Redemption of preference shares?

Veeresh Kumar Poliki

CA Inter

★ 8K+

26-Oct-21 22:51

619

Answers (3)

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venkatesh sundharamoorthy

CA Final

★ 34K+

26-Oct-21 22:54

Whenever you use free reserve for redemption of preference shares , you should transfer equal amount of nominal value of the shares redeemed

Kumar G

CA Final

★ 12K+

26-Oct-21 23:17

Kumar G

Whenever you use free reserve for redemption of preference shares , you should transfer equal amount of nominal value of the shares redeemed

Thanks

Thread Starter

Veeresh Kumar Poliki

CA Inter

★ 8K+

27-Oct-21 00:12

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