Answer Posted / hema
spilt shares is a process where the no of the share are
increases but the value of the share remains same as per
the allocation by the company.It is the corpate action
taken by the broad of dirtector.
| Is This Answer Correct ? | 22 Yes | 2 No |
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AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com