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Redemption of preference shares

Accountancy

Sir for calculating no of shares for fresh issue Should we divide the redeemed value by FV of equity shares or by FV+Premium at which it is issued


shivani lolla

shivani lolla

CA Inter

1K+

20-Nov-20 13:03

346

Answers (2)

If minimum bank balance to be maintained - FV+PRemium Other wise FV


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

20-Nov-20 13:15

Thanks sir


Thread Starter

shivani lolla

shivani lolla

CA Inter

1K+

20-Nov-20 13:23

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