676) To redeem the preference shares, 1,00,000 equity shares of Rs. 10 each at RS. 11, Rs. 1,00,00010%. Pref. shares of RS. 10 each at RS. 9 and Rs. 1,00,000 9% Debentures of Rs. 100 each at Rs. 90 are issued the proceeds of fresh issue u/s 80 is ——
679) X Ltd. decides to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10%. It has General Reserve of Rs. 70,000 and a securities Premium of Rs. 4,000. If it is decided to issue 6,500 Equity Shares of Rs. 10 each at a premium of 5% for the purpose of redemption of Pref. Shares, the amount required to be transferred to capital Redemption Reserve account is —
680) X Ltd. decides to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10%. It has General Reserve of Rs. 70,000 and a securities Premium of Rs. 4,000. If it is decided to issue 6,500 Equity Shares of Rs. 10 each at a premium of 5% for the purpose of redemption of Pref. Shares, the amount required to be transferred to capital Redemption Reserve account is —
681) X Ltd, decides to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10%. It has a General Reserve of Rs. 70,000 and a Securities Premium of Rs. 4,000. If it is decided to issue 2,000 Equity Shares of Rs .10 each at 25% premium for the purpose of redemption of Pref. Shares, the amount to be transferred to capital Redemption account is —
682) X Ltd. to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10%. It has General Reserve of Rs. 70,000 and a Securities Premium of Rs. 4,000. If it is decided to issue 1,950 Equity Shares of Rs. 10 each at 30% premium for the purpose of redemption of Pref. Shares, the amount required to be transferred to capital Redemption Reserve Account is ——
685) On September 1, 2006, the company issued 12,000, 10%. Debenture having a face value of Rs. 100 each at a discount of 2.5%. On Sept. 10, the company issued 25,000 Equity Shares of Rs. 100 each. On September 29, the company redeemed 30,000, 6% preference shares of Rs. 100 each at a premium of 5% together with one month dividend thereon. Bank balance as on August 31,2005 was Rs. 26,60,000
After effecting the above transactions, the bank balance as on September 30, 2006=?
688) S Ltd. issued 2,000, 10% Preference shares of Rs. 100 each at par, which are redeemable at a premium of 10%. For the purpose of redemption, the company issued 15,000 Equity Shares of Rs. 100 each at a premium of 20% per share. At the time of redemption of Preference Shares, the amount to be transferred by the company to the Capital Redemption Reserve Account=?
1447) As per newspaper reports the Bank of Japan, which is the Central Bank of the country, took special measures, first time in last six years, to contain the rise in the value of Yen. Why did Japan had to take this special measure which surprised many countries?(A) Japan was fearful that a rising currency would damage its export-led recovery plan.
(B) It was one of the measures taken by Japan to come out of its economic setback it suffered in the recent past.
(C) Since the US Dollar has become a Weak Global Currency, Japan wants the Yen to be recognized as the global currency in place of the US dollar.