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N. k. gupta Asked a Question
April 4, 2021 10:12 pmpts 30 pts
capital resumption reserve account explain please why we create this account
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  • Rucha rajesh shingvekar thankyou
    Capital Redemption Reserve Account      When the company proposes to redeem the preference shares out of the profits, it transfers an amount equal to the nominal value of the rede...
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  • Rucha rajesh shingvekar thankyou
    A limited company may issue redeemable preference shares if it’s Articles of Association provide. Thus, these preference shares are liable for redemption within a period not exceed...
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  • Priya gulani Best Answer
    Capital redemption reserve account is a type of reserve maintained by a company limited by shares and as the name suggests this reserve deals with shares which are redeemable. The ...
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  • Priya gulani
    Capital redemption reserve account is a type of reserve maintained by a company limited by shares and as the name suggests this reserve deals with shares which are redeemable. The ...
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  • Priya gulani
    Capital redemption reserve account is a type of reserve maintained by a company limited by shares and as the name suggests this reserve deals with shares which are redeemable. The ...
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