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

CA Inter

★ 1K+

20-Nov-20 13:03

751

Answers (2)

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

CA Suraj Lakhotia

Admin

20-Nov-20 13:15

Thanks sir

Thread Starter

shivani lolla

CA Inter

★ 1K+

20-Nov-20 13:23