Q2161
50,000 equity shares of Rs. 10 each, issued at Rs. 20, for the purpose of redemption of preference share capital amounting Rs. 7,50,000. How much amount will be transferred to capital redemption reserve?
A.
Rs. 2,00,000
B.
Rs. 2,50,000
AnswerC.
Rs. 5,00,000
D.
Rs. 10,00,000
Answer: Option B
Solution
Answer: Option B
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