Accounts doubt (shares)

capital redemption reserve - This is a reserve which is created at the time of redemption of preference shares. This is shown on the liability side of balance sheet.

redemption of preference shares can be done in 2 ways..

1) out of proceeds of fresh issue of equity shares.

2) from the capital profits.

the amount of capital profits which is used for redeeming the preference shares is subsequently transffered to "capital redemption reserve".

NOTE- SECURITIES PREMIUM CANNOT BE USED FOR REDEMPTION BUT IS UTILISED FOR PAYMENT OF PREMIUM ON REDEMPTION.

Thank You.

year ended 31.3.2010                   rs.800000

" " "  " " " " "  31.3.09                          rs.1500000

" " " " " " " " "  31.3.08                          rs.1800000

                        31.3.07                         rs.400000(loss)

                          31.3.06                     rs.1300000

can u plz explain to me dz calculation ds is a sum of goodwill