redemption of preference shares journal entries problems

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   / easyshotslearning  

Hey friends, this video is about Problem and solution related to Redemption of Preference Shares in case of shortage of cash. How we calculate number of Equity shares in case of cash crunch and do journal entries and preparation of Balance Sheet after Redemption of Preference Shares.
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Timestamps

0:00 Intro
0:24 explain problem of redemption of preference shares
4:26 adjustment out of profits and out of fresh issue
11:36 journal entries of Redemption of Preference shares
15:29 balance sheet after redemption
20:25 Outro

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