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Redemption of pref shares

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How did â?¹31250 come for calculating CRR ? in Illustration 5

62048bos50398cp7.pdf

Kumar Sarthak

CMA Final

★ 12K+

06-Mar-21 16:44

259

Answers (2)

CRR amount should have been 27,500 [65,000 (face value of pref. shares) - 37,500 (face value of equity shares issued]. 31,250 looks a typo.

Sahibdeep Singh

CA Inter

★ 14K+

07-Mar-21 15:29

Sahibdeep Singh

CRR amount should have been 27,500 [65,000 (face value of pref. shares) - 37,500 (face value of equity shares issued]. 31,250 looks a typo.

thank you sir

Thread Starter

Kumar Sarthak

CMA Final

★ 12K+

07-Mar-21 15:30

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