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Discussion

Preparation for CA - CPT - Accounting
(2)

Share

To redeem 15% Pref. Shares of Rs. 1,00,000 at 5% premium, Rs. 10,000, 12%. Debentures of Rs. 100 each are issued at a discount of 10%. The amount to be transferred to Capital Redemption Reserve is

 
nil
Rs. 90,000
Rs. 91,000
Rs. 1,00,000

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Kanchi Agrawal

Explaination is right it marking is wrong...