Accountancy, asked by nisha10devi, 6 hours ago

From the following data, calculate the amount of fresh issue of shares: Redeemable Preference shares : Rs.80000 Premium on redemption : 5% Divisible Profits available : Rs.15000 General reserve balance : Rs.6500 Securities premium A/c : Rs.4000 Fresh issue is to be made at a discount of 10%.

Answers

Answered by gaurav7808255

1

Answer:

120000

Explanation:

Fresh issue is to be made at a discount of 10%.

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