Capital Redemption Reserve can only be used for issuing A. Rights shares B. Partly paid up bonus

Question:

Capital Redemption Reserve can only be used for issuing
A. Rights shares
B. Partly paid up bonus shares
C. Preference shares
D. Fully paid up bonus shares

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

See More Books

Question Posted: Aug 17, 2023 02:53 PM

See More Questions

Read the following article carefully. There are fifteen (15) wrong information in the article. Highlight the wrong information and rectify the wrong information using the following format. E.g. Wrong...
Hazzizzi Ltd Trial balance as at March 31, 2023 Trade receivables 22,800,000 Trade payables 6,100,000 Provision for bad debt 7,600,000 Bank 2,100,000 Cash in hand 928,000 Petty cash 203,000 Interest...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
This exercise shows that the multiplier may be interpreted as a rate of change in general. Assume that the maximum of (x, y) subject to g(x, y) = c occurs at a point P. Then P depends on the value...
Two technicians, working separately, monitor a group of 5 computers that run an automated manufacturing facility. It takes an average of 15 minutes (exponentially distributed) to adjust a computer...
Identify project needs to evaluate the expected cost and value.
a. Write a first-order model relating E(y) to two quantitative independent variables x1 and x2. b. Write a complete second-order model.
In 2013, the Marion Company purchased land containing a mineral mine for $1,600,000. Additional costs of $600,000 were incurred to develop the mine. Geologists estimated that 400,000 tons of ore...
Differential Analysis for a lonce or Sell Decision Burlington Construction Company is comidering selling excess machinery with a book value of $277,600 (original cost of $398,600 less accumulated...
Resolution for redemption of preference shares and the issue of new shares for this purpose are passed: A. Separately B. Simultaneously C. Within a week D. After one week
Proceeds in connection with issue of shares at a premium would mean: A. Face value of shares issued B. Face value of shares issued less expenses on issue of shares C. Face value of shares issued plus...
Use the model in File C08 to solve this problem. Stendardi Industries' 2012 financial statements are shown in the following table. Stendardi Industries: Balance Sheet as of December 31, 2012 ($...
In the exchange lemma for the scheduling problem, we say that the first event to finish a* in a given time period [i,j] is always part of the optimal solution for that same time period. To argue...
4 10 points Company's year-end is December 31. Calculate depreciation for each year of the machine's estimated useful life under each of the following methods: (Do not round intermediate...
3. The walls of an oven are made from steel sheets with insulating board between them of thermal conductivity 0.18 J m-1 s -1 C-1 . If the maximum internal temperature in the oven is 300C and the...
Egyptian Spa produces two different spa products: Relax and Refresh. The company uses three operations to manufacture the products: mixing, blending, and packaging. Because of the materials used,...
Part A At a given instant A has the motion shown in (Figure 1). Determine the acceleration of B at this instant. Express your answer in feet per second squared to three significant figures. Enter...
Carnaby tools is looking at various way of applying manufacturing overhead. You are given the information for last year Estimates Actual...
Selected condensed data taken from a recent statement of financial position of Morino Ltd. are as follows. MORINO LTD. Statement of Financial Position (partial) Other current assets...
Give three examples where advertising to intermediaries might be necessary. What are the objective(s) of such advertising?
What does it mean to say that money is invested in advertising? Is all advertising an i n vestment? Illustrate.
Describe the type of media that might be most suitable for promoting: ( a ) tomato soup, ( b ) greeting cards, ( c ) a business component material, and ( d ) playgr ound equipment. Specify any as...
Your company produces a health magazine. Its sales data for 1 - year subscriptions are as follows: Year of Operation Subscriptions Sold % Expired at Year End 2 0 2 0 $ 3 0 0 , 0 0 0 5 2 0 2 1 $ 6 4 7...
Problem 3 - 2 0 ( Static ) Calculate profitability and liquidity measures LO 3 - 3 , 3 - 4 , 3 - 6 Presented here are the comparative balance sheets of Hames Incorporated at December 3 1 , 2 0 2 3...
3 Required information [The following information applies to the questions displayed below) John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter. Samantha. In 2020,...

Capital Redemption Reserve can only be used for issuing A. Rights shares B. Partly paid up bonus

Question:

Step by Step Answer:

D Ful...View the full answer

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

Students also viewed these Business questions