Question

58. Roky Ltd. issued 30,000,12% preference
shares of 10 each at premium of 5%, which
are redeemable at par. It issued 20,000,14%
Debentures of 10 each at premium of 10%.
How much amount must be transferred to
Capital Redemption Reserve Account as
per provisions of the Companies Act, 2013?
(A) 3,00,000
(B) 1,00,000
(C) 2,00,000. (D) 5,00,000
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Answer 1

manas awasthi I am preparing to signifint man of India sh Narendra.