Question

12. Share Capital (10)
50,00,000
General Reserve
6,50,000
Securities Premium
5,40,000
Profit & Loss Account
3,75,000
The company issued 5,000 debentures of 100 each at 10% premium to finance buyback. The company
decides to buyback 20% of its paid up capital @ 15 each. The amount to be transferred to capital
redemption reserve is
a) 5,00,000
b) 7,50,000
c) 2,50,000
d) 10,00,000
​

Answer 1

Answer:

option c ) 2,50,000

I am not sure it's my guess

Answer 2

Answer:

I am Daam Sure The Answer is A) 500000