Q693
Redeemable preference shares of Rs. 1,00,000 are redeemed at par for which purpose fresh equity shares of Rs. 80,000 are issued at a discount of 10%. The amount to be transferred to Capital Redemption Reserve Fund will be:
A.
Rs. 20,000
B.
Rs. 28,000
AnswerC.
Rs. 1,00,000
D.
Rs. 80,000
Answer: Option B
Solution
Answer: Option B
No explanation is given for this question Let's Discuss on Board