from the following details calculate the number of equity shares of rs10 each to be 11percent redeem able preference SA
Answers
Answered by
0
Answer:
From the following details calculate the number of equity shares of Rs. 1 0 each to be issued in order to redeem the preference shares. 1 0 % Redeemable preference shares of Rs. 1 0 each = Rs. 1 5 0, 0 0 0 Security premium A/c = Rs. 2 0, 0 0 0 General Reserve A/c = Rs. 1 0, 0 0 0 Share forfeited A/c = Rs. 6, 0 0 0 Profit and loss A/c = Rs. 1 0 .
Explanation:
Similar questions