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**BCOM / BBA Students (Sem 2 & 3)**
Welcome to **Corporate Accounting Chapter 5 – Redemption of Preference Shares**.
In this video, we will learn the **complete concept, legal provisions, and accounting treatment of Redemption of Preference Shares** in a simple and exam-oriented way.
This is one of the **most important and frequently asked topics** in Corporate Accounting exams.
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# Topics Covered in This Lecture
### 1⃣ Meaning of Redemption of Preference Shares
* What is redemption?
* Why companies redeem preference shares
* Types of preference shares
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### 2⃣ Legal Provisions (Companies Act, 2013)
Conditions for redemption
Fully paid-up requirement
Sources of redemption
Creation of **Capital Redemption Reserve (CRR)**
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### 3⃣ Sources of Redemption
* Profits available for dividend
* Fresh issue of shares
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### 4⃣ Accounting Treatment
Journal entries for redemption
Treatment of premium on redemption
Creation of CRR
Adjustment of reserves
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### 5⃣ Practical Illustration
* Step-by-step explanation
* Exam-oriented approach
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# Who Should Watch This Video?
BCom Semester 2 Students
BCom Semester 3 Students
BBA Students
DU / CBCS / State Universities
Students preparing for Corporate Accounting exams
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# Why This Lecture is Important?
Frequently asked exam topic
Important for both theory and practical questions
Helps in understanding company capital restructuring
Easy marks if concepts are clear
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