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Home / Doubts and Solutions/CBSE/Class 12 Commerce/Accountancy

What is redemption of preference shares. What entry does the company make in its books regarding redemption of such shares. What entry will be made if the company wishes to redeem preference shares worth Rs 10,00,000 at 10% premium out of its profits.

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Asked by amitmaurya151015 10th January 2024, 8:16 PM
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