Capital redemption reserve is created: (a). Out of shares forfeited A/c (b). Out of profits available for
Question:
Capital redemption reserve is created:
(a). Out of shares forfeited A/c
(b). Out of profits available for dividend
(c). Out of securities premium
(d). Out of capital reserve.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
b Out o...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Assume that the matrices are partitioned conformably for block multiplication. Compute the products shown below. [ ?][a 1 B C D
-
2. Double taxation from inflation. You earned $1,000 this year after taxes. You need to decide whether you will save the money or spend it on a vacation. A key part of that decision is the rate of...
-
In Exercises 60-64, use the diagram at the right. Name the intersection of AB and BC. P Q A E C B D
-
Two wires carrying equal and opposite currents are twisted together in the construction of a circuit. Why does this technique reduce stray magnetic fields? Please explain for dummies.
-
Lorene, Inc., owns an apartment complex. The terms of Lorenes lease agreement require new tenants to pay the first and last months rent and a cleaning deposit at the inception of the lease. The...
-
An investor has consulted four different financial advisors with regard to the expected annual rate of return for each of three portfolio possibilities she is considering. The financial advisors have...
-
What characteristics of the product or manufacturing process would lead a company to use a process costing system? Give two examples of companies that are likely to be using process costing. What...
-
A firefighter's protective clothing, referred to as a turnout coat, is typically constructed as an ensemble of three layers separated by air gaps, as shown schematically. Representative dimensions...
-
Which three design considerations to limit the scope of EIGRP queries are correct?
-
True or False. The proceeds of fresh issue of debenture cannot be used for redemption of redeemable preference shares.
-
Briefly explain the meaning of Proceeds of Fresh Issue of Shares.
-
Calculate the impulse-response functions. Explain the four functions and discuss your findings. Comment on whether the ordering of the series matters for your results.
-
The Global Reporting Initiative suggests three broad categories of CSR information that companies should disclose. Is this adequate for businesses operating in an Islamic economy? Discuss.
-
There are various guidelines on sustainability that companies can use to report on CSR. Discuss.
-
The following information is available for World Wide Corporation's operating subsidiaries throughout the world, in thousands of Canadian dollars: Required: Determine which regions you would suggest...
-
What are sustainability issues?
-
What is the distinction between social shopping and social commerce?
-
Which type of product development effort would be better suited to concurrent engineering: a radically new product involving cutting-edge technologies or the latest version of an existing product?...
-
Create an appropriate display of the navel data collected in Exercise 25 of Section 3.1. Discuss any special properties of this distribution. Exercise 25 The navel ratio is defined to be a persons...
-
Which method of cash flow reporting starts with net profit for calculating cash flow from operating activities? A. Direct method B. Indirect method C. Neither D. Both
-
A company purchases a machinery on hire purchase over four years but does not own the machinery until the final payment has been made. At the end of year 1, the company shows the machinery in its...
-
Examples of cash flows arising from financing activities are : 1. Cash repayments of amount borrowed on long-term basis. 2. Cash advances and loans made to third parties by a non- financial...
-
Imagine you are working for a local non-profit community agency that will be promoting cultural humility education for community members with varying and at times opposing religious affiliations....
-
With your knowledge of the differences between awards and enterprise agreements explain the impact that these have on your preparation of staffing rosters.
-
Describe the parts of the Ethical Principles and Code of Conduct you expect to relate directly to your future career. Include the section numbers of the details of the code you discuss.
Study smarter with the SolutionInn App