Redemption of Preference Shares is a concept covered in your CS Foundation Fundamentals of Accounting Syllabus.
This is a very important concept for your CS Foundation exam
So, understanding the concept properly is very important.
Watch this excellent video from Raj K Agarwal to get started.
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CS Foundation ( new syllabus ) All subject Combo (Except Economics) By CA Raj K Agrawal, CA Jaishree Soni, Shilpum khann &Prof.Jahnavi?