When 4,000 equity shares of Rs.10 each is bought back at Rs.20 per share, the amount to be transferred to Capital Redemption Reserve is | Faculties

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Mr. Dubey

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Q. When 4,000 equity shares of Rs.10 each is bought back at Rs.20 per share, the amount to be transferred to Capital Redemption Reserve is

(A) 80,000
(B) 40,000
(C) 4,000
(D) none

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✅ Correct Answer: (B) 40,000

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