The following is the balance sheet of Ramani company limited as on 31.12.96: The company resolved to

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The following is the balance sheet of Ramani company limited as on 31.12.96: 

The company resolved to redeem its preference shares at a premium of 2% out of profits. Give the necessary journal entries.

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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