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    Prtence Shaetinal Call He: Tobic-Redempbfen Eferenca Shares

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    neeraj
    This document discusses the redemption of preference shares by a company. It outlines several conditions that must be met for redemption, including that the shares must be fully paid up, and any unpaid dividends must be paid. It also describes accounting entries that would be made for the redemption, including debits to preference share capital and credits to shareholders. The capital redemption reserve would be used to fund the redemption.

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    Prtence Shaetinal Call He: Tobic-Redempbfen Eferenca Shares

    Uploaded by

    neeraj
    24 views4 pages
    This document discusses the redemption of preference shares by a company. It outlines several conditions that must be met for redemption, including that the shares must be fully paid up, and any unpaid dividends must be paid. It also describes accounting entries that would be made for the redemption, including debits to preference share capital and credits to shareholders. The capital redemption reserve would be used to fund the redemption.

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    corporate accounting

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    This document discusses the redemption of preference shares by a company. It outlines several conditions that must be met for redemption, including that the shares must be fully paid up, and any unpaid dividends must be paid. It also describes accounting entries that would be made for the redemption, including debits to preference share capital and credits to shareholders. The capital redemption reserve would be used to fund the redemption.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    24 views4 pages

    Prtence Shaetinal Call He: Tobic-Redempbfen Eferenca Shares

    Uploaded by

    neeraj
    This document discusses the redemption of preference shares by a company. It outlines several conditions that must be met for redemption, including that the shares must be fully paid up, and any unpaid dividends must be paid. It also describes accounting entries that would be made for the redemption, including debits to preference share capital and credits to shareholders. The capital redemption reserve would be used to fund the redemption.

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    © All Rights Reserved
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    of 4

    Page No.

    Date

    Tobic-RedempBfen eferenca shares


    m e a n g netusn shat lopltal to h e
    breheence. Shaeg'holder. A Comony Canna
    u fTedbneuble. prejtsend. Shoes. Companie
    act 013 Jays douwh etain condition
    Unden Secti on s which ust b fulyy
    tamake he Yedemptian vay.

    *hecendllfou whieh have bearing en h e


    cicCconhng heatmen aAe as uhdes

    N o such ghane be Yedembed vnles thuu


    aue uly pouol up. Lt meanbantialy
    baid
    poio prelescnce dhases OY harei
    ohich calli ae unpald call-in-errar) cann't
    be Jedomed. 4 they anebanialybaidub
    make hem Lullypoid upb påsing folbuoirs
    luwodene-ajolisunal entneg

    ()Prtence shaetinal call he


    To Couii Al PS) Cr

    ()Bank ne n D
    Topreleuenc shars final lau c. C

    hanag ae ecdesmable at emiLun then Su


    t n u n mut be prouided or Ou
    Ceampay Secity Pehuum ic ard br c
    he
    Page No.
    Date

    Aecennshe Chae- Þghae ta be


    )Redemable pre/ Cap. c DY
    To pichare holdes. Ac Cr.

    edembtian i due to psemium

    ( Redlemable. prehare Alc Dr


    remum on Keólemption e prel shav nk D»
    To e . Share hblales Afe
    am boid a fue time Tdebic
    los fo heLompeun herefor
    be xeuyn A follou
    Secuihy Irema A\a DY
    PL A c Dr
    Jouanal Kegesve Ac
    To Prem.an Red.e rochare
    uch chanes con beedmedeHhe.
    ohich Lauld elhesoie he auaflåble
    en diui dend 69 and

    ut the brbceeda ieh isue


    cue
    hau hake th
    edermpHon, ah cu ot pni
    11111}}HHDD

    1
    Page No. -
    Date

    Totod RPS e h in CP
    to be recleemed Cme cshay ea

    Conly namind (ony romina


    amt witho tmttoij hou
    iun) ye nmiun

    hen rouutea fo CRR Alc Jounal enta,


    cwiu be
    Kosexva
    JawnalAlc_Dx
    Sublus CP/L)lc DDr.
    Any othur Keuenue. Keeve Alc Dr.
    CRR Ac
    6Capltal kedeumbtin RKesenve A
    aballable (mly declaning ully
    poio bonu cY a }olloual,
    (

    apilal ked, Keseave c


    o Bonusaone holdea He
    R Bonus toehaie holde Hfc
    Toequy share lap
    PouumLn t o byt hauc
    holde
    Keedemabl Pyel Shaue Lc.
    To ank

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