The following is the Balance Sheet of ABC Limited as on 31.3.2017 : The company intends to

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The following is the Balance Sheet of ABC Limited as on 31.3.2017 :

The company intends to buy back its equity shares to the extent permitted by law. For this purpose, it wants to sell its investments at par. You are required to prepare post buy back Balance Sheet. Show your calculations.

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

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Posted: Aug 16, 2023 01:30 PM

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The following is the Balance Sheet of ABC Limited as on 31.3.2017 : The company intends to

Question:

I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital Balance Sheet of ABC Limited as at 31st March, 2017 Particulars (1) (b) Reserves and Surplus (c) Money Received against Share Warrants Note No. (2) EN (²) (3) 8,00,000 7,00,000 www

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From the given data we have Share Capital 800000 Money Received against Share Warrants 700000 Total ...View the full answer

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

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