Accountancy, asked by amankoli7727, 1 year ago

If preference shares are redeemed out of the fresh issue of Equity shares; which account will be credited? a) Capital reserve account b) Capital redemption reserve account c) Preference share capital account d) Equity share capital account

Answers

Answered by Anonymous

1

Answer:

b) capital redemption reserve account

Answered by Anonymous

0

b) Capital redemption reserve account

Previous Question

Next Question

Similar questions

Computer Science, 7 months ago

Explain the use of IT in healthcare ...

Geography, 7 months ago

_____was carried on both by land routes and sea routes fill in the blanks ...

English, 7 months ago

the one who is studying in class 6th plz tell the name of your textbooks of English literature...

Accountancy, 1 year ago

A Ltd. issued 10000 shares of Rs. 10 each. A shareholder, who holds 500 shares, paid only Rs 5. Later on his shares were forfeited. Out of forfeited Shares 400 shares re-issued for Rs. 7 /- per share. Amount transferred to capital reserve will be: a) Rs. 800 b) Rs. 1000 c) Rs. 2800 d) Rs 2000...

Accountancy, 1 year ago

X Draw an accommodation bill on Y. X discounted the bill for Rs. 4,900. Profit Sharing Ratio between X and Y is 1:4. The amount of discount barne by y will be a) 100 b) 80 c) 40 d) 20...

Computer Science, 1 year ago

int j=1, i=2 K = i++ + j++ * 4 + ++ i +(++j + 8)...

Math, 1 year ago

Find the square root of 353.6 correct to the three significant figures...

Math, 1 year ago

Using the method of successive magnification show 2.37 (bar on 3 and 7) on the number line correct to 3 decimal places.