answer 10 to 14 thanks in advance

REDEMPTION OF PREFERENCE SHARES After effecting the above transactions, the Bank balance as on September 30, 2011 = ? (a) 33,15,000 (b) 33,30,000 (c) *33,45,000 (d) 534,30,000 10. Which of the following accounts can be used for transfer to capital redemption reserve account? (a) General reserve account (b) Forfeited shares account (c) Profit prior to incorporation (d) Securities premium account 11. Preference shares amounting to 32,00,000 are redeemed at a premium of 5%, by issue of shares amounting to 31,00,000 at a premium of 10%. The amount to be transferred to capital redemption reserve = ? (a) 31,05,000 (b) 1,00,000 (c) 2,00,000 (d) 1,11,000 12. Securities premium cannot be used to (a) Issue bonus shares (b) Redeem preference shares (c) Write-off preliminary expenses (d) Write-off discount on issue of shares 13. A company cannot issue redeemable preference shares for a period exceeding (b) 10 years (a) 5 years (c) 15 years (d) 20 years 14. Which of the following cannot be used for the purpose of creation of capital redemption reserve account? (a) Profit and loss account (credit balance) (b) General reserve account (c) Unclaimed dividend account (d) All of the above