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Commerce · Q1121

Accounting

Graduate and Post Graduate · Commerce · question 1121

Q1121

The balance of Capital Redemption Reserve Account is available for:

A.
Redemption of redeemable preference shares
B.
Redemption of redeemable debentures
C.
Re-organisation of share capital
D.
Issue of bonus shares
Answer

Answer: Option D

Solution

Answer: Option D
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