Question

Preference shares of Rs. 4,00,000 were redeemed at a premium of 2% by the issue of equity shares of Rs. 2,00,000 at a premium of 12%. The amount to be transferred to CCR will be Rs. ______________ (a) 2,84,000 (b) 2,04,000 (c) 1,84,000 (d) 2,00,000

Answer 1

Preference shares of Rs. 4,00,000 were redeemed at a premium of 2% by the issue of equity shares of Rs. 2,00,000 at a premium of 12%. The amount to be transferred to CCR will be Rs. 2,84,000.

So, the answer is :-

[A] 2,84,000

Answer 2

Hello Friend

ans

Option.A

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