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Redemption of preference shares

Accountancy

Sir, Please explain the 2nd entry We are redeeming 18000 12% pref shares which are already fully paid up Then in second entry while paying 18000 pref shares why did they deduct 100 shares Which is related to 4000 10% pref shares which are partly paid Why did they mix both?? Should these partly paid shares be called now??

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Bliss Full

Bliss Full

CA Inter

580

03-Dec-21 11:31

1K+

Answers (1)

100 shares - payee details not available. Even 12% is 10 each


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

06-Dec-21 11:33

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