30. The credit balance in capital reduction a/c is utilised for (a) Paying off dissentient shareholders (bWriting off deferred expenses (c) issuingonus shares (d) None of the above
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Answer:
(a)Paying off dissentient shareholders
Explanation:
Capital reduction is the process of decreasing a company's shareholder equity through share cancellations and share repurchases, also known as share buybacks. The reduction of capital is done by companies for numerous reasons, including increasing shareholder value and producing a more efficient capital structure.
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