Which of the following can be utilized for the redemption of preference shares of a company out of profit:

Related MCQs

• Which of the following cannot be utilized for the redemption of preference shares of a company
• When Redeemable Preference shares are due for redemption, the entry passed is
• Preference shares have priority over equity shares for
• Redeemable Preference shares can be redeemed out of __________
• If shares are bought back out of free reserves then a sum equal to nominal value of the shares so bought back is transferred to:
• The Securities Premium amount may be utilized by a company for __________.
• Which of the following accounts can be transferred to capital redemption reserve account?
• Which of the following cannot be used for the purpose of creation of capital redemption reserve account?
• The Capital Redemption reserve is created for the following reasons:
• After the issue of forfeited shares, balance of forfeited shares account Is transferred to