Moni Ltd. presented the following information : General Reserve 50,00,000 Securities Premium 10,00,000 Q5. Capital Reserve 60,00,000 Proposed Dividend 8,00,000 Creditors 2,00,000 Reserves Surplus amounts to & amounts to
Yeah I saw the cake
It looked tasty
And I am hungry now
:l
But the person who made it dont have a good handwriting
:l
Answers
Answer:
Question.13. Name the scientist who concluded That the size of nucleus is very small as compared to the size of atom.
Explanation:
yeah .. I always say my mom .. pls say to baker write my name in good handwriting ..
but he don't write ..
IT happened to many masoom cakes...
Also the last birthday cake too
Answer:
Correct option is
D
Rs. 1,12,000
As per section 80 of the Companies Act 1956, company can redeem preference shares only out of fresh issue or profits that are available for distribution as dividends. In case, there is premium to be paid on redemption it should be paid out of profit available for paying dividends or out of securities premium account.
Amount to be paid on redemption = 2,00,000 + 20,000 ( 10% of 2,00,000)
= 2,20,000
Amount of fresh issue = Amount to be paid on redemption - (Free reserves + securities premium reserve)
= 2,20,000 - ( 30,000 + 20,000 + 8,000 + 50,000)
= Rs-1,12,000.
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