Q1800
If preference share capital of Rs. 5,00,000 is to be redeemed, and 25,000 equity shares of Rs. 10 each have been issued at a discount of 10%. For this purpose, the amount to be transferred to Capital Redemption Reserve will be:
A.
Rs. 3,50,000
B.
Rs. 2,50,000
C.
Rs. 2,75,000
AnswerD.
Rs. 2,25,000
Answer: Option C
Solution
Answer: Option C
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