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Sir in illustration 5 of module can you please confirm if the amount for CRR is incorrect as the ESC was 37500 but only 31250 is deducted from FV of Pref Shares Also it would be 27500 if I'm correct?

Priyanka Udeshi

CA Final

★ 14K+

17-Jan-21 23:17

352

Answers (2)

ICAI changed the question but did not change the solution. The original question had shares issued at 60. Pls refer to Nov-20 material.

CA Suraj Lakhotia

Admin

18-Jan-21 17:58

CA Suraj Lakhotia Admin

ICAI changed the question but did not change the solution. The original question had shares issued at 60. Pls refer to Nov-20 material.

Great observation sir

jsome jsome

CA Inter

★ 575

18-Jan-21 18:52

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