Crr creation

Accountancy

I read one point in law, Securities premium is used to buy back shares. How we can use? Video Details ------------- P1 - Advanced Accounting - Without AS Buy Back of Securities #8. Illustratoin - CRR

sitaram kollepara

CA Inter

★ 2K+

23-Mar-24 16:53

263

Answers (3)

When we say securities premium is used, it means to create CRR we can use it.

CA Suraj Lakhotia

Admin

23-Mar-24 18:37

CRR is created from general reserves, p&l a/c, Securities premium right?

Thread Starter

sitaram kollepara

CA Inter

★ 2K+

24-Mar-24 00:01

Thread Starter

sitaram kollepara

CRR is created from general reserves, p&l a/c, Securities premium right?

yes

CA Suraj Lakhotia

Admin

24-Mar-24 19:01