(i) 15,000 equity shares of Rs. 10 per share were issued at par. |
(ii) 12% preference shares of Rs. 1,00,000 were redeemed at a premium of 10% |
Answer:
Amt (Rs.) Proceeds from equity shares 1,50,000 (-) Redemption of preference shares (1,10,000) Cash flow from financing activities 40,000
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