Vidyalelo
Commerce · Q1951

Accounting

Graduate and Post Graduate · Commerce · question 1951

Q1951

If preference shares of Rs. 2,50,000 are to be redeemed and for that 12,500 equity shares of Rs. 10 each are to be issued at 10% discount, then the amount transferred to capital redemption fund will be

A.
Rs. 1,75,000
B.
Rs. 1,25,000
C.
Rs. 1,37,000
Answer
D.
Rs. 1,12,000

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board