Accountancy, asked by satyamvarma301, 6 months ago

From which of the following accounts can
transfer be made to capital redemption reserve
(CRR) on redemption of preference shares?

Answers

Answered by singhdisha687

2

Answer:

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Explanation:

To the extent that the preference shares are redeemed out of profits, Capital Redemption Reserve Account must be credited with dividend equalization reserve that are by debiting the profit and loss Account, general reserve or other accounts showing profits otherwise available for distribution of dividends.

Answered by yashasvi2646

3

Answer:

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