Accountancy, asked by Babupatel1614, 1 month ago

A company has 8000 redcenable.Preference shares of Rs.100 each fully paid.The company decided to redeem the shares on 30th April 2015 at a premium 5%.The company has sufficient profit but in order to augment liquid funds the following issues were made.(1)3000 6%Debenture of Rs.100 each at Rs 106.

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Answered by maharanaarati1990

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