Accountancy, asked by harshratadiya2610, 2 months ago

Once the buy back takes place from free reserves,
the amount equivalent to __ value of the shares is
transferred to Capital Redemption Reserve A/C
a. Buy back value
b. Face value
c. Whichever is lower from face value and
market value
d. Market value

Answers

Answered by sharat134

1

On buy back, an amount equal to Nominal Value/Face value of the share is transferred to CRR

ANS.

B.FACE VALUE

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