If preference share capital of Rs. 5,00,000 is to be redeemed, and 25,000 equity shares of Rs. 10 each have been issued at a discount of 10%. For this purpose, the amount to be transferred to Capital Redemption Reserve will be:
A. Rs. 3,50,000
B. Rs. 2,50,000
C. Rs. 2,75,000
D. Rs. 2,25,000
Answer: Option C
This Question Belongs to Commerce >> Accounting
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