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Commerce · Q2201

Accounting

Graduate and Post Graduate · Commerce · question 2201

Q2201

Which of the following statement is true? Redeemable Preference Shares can be redeemed

A.
even if they are not fully paid
B.
only after the winding up of the company
C.
out of profits
Answer
D.
out of the proceeds of a fresh issue of Debentures

Answer: Option C

Solution

Answer: Option C
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