65.
A limited company has to redeem redeemable preference shares of the value of Rs. 1,00,000 for which the company has issued 3000 equity shares of Rs. 10 each at a premium of 10%. The amount to be transferred to capital redemption reserve account will be:

66.
Given that
Opening capital : Rs. 5,000
Closing capital : Rs. 6,000
Drawings : Rs. 1,000
New capital invested : Rs. 500
The profit for the year will be: