Financial and Management Accounting

1: Consider the following statements: Redeemable preference shares can be redeemed out of 1. Sale proceeds of the new issue of shares 2. Sale proceeds of the new issue of debentures 3. Profits available for dividends 4. Sales proceeds of the assets of the company Of these statements

A.	1 and 3 are correct
B.	1 alone is correct
C.	2, 3 and 4 are correct
D.	1, 2, 3 and 4 are correct
	Answer : A Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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Financial and Management Accounting

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