{"id":9512,"date":"2018-02-12T15:26:33","date_gmt":"2018-02-12T09:56:33","guid":{"rendered":"http:\/\/mycbseguide.com\/blog\/?p=9512"},"modified":"2019-03-11T14:28:36","modified_gmt":"2019-03-11T08:58:36","slug":"company-accounts-redemption-debentures-class-12-notes-accountancy","status":"publish","type":"post","link":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/","title":{"rendered":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#CBSE_Guide_Company_Accounts_%E2%80%93_Redemption_of_Debentures_class_12_Notes_Accountancy\" >CBSE Guide Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#Class_12_Accountancy_notes_Chapter_9_Company_Accounts_%E2%80%93_Redemption_of_Debentures\" >Class 12 Accountancy notes Chapter 9 Company Accounts \u2013 Redemption of Debentures\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#CBSE_Class_12_Accountancy_Revision_Notes_Chapter_9_Company_Accounts_Redemption_of_Debentures\" >CBSE Class 12 Accountancy Revision Notes Chapter 9 Company Accounts Redemption of Debentures<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#Time_of_Redemption\" >Time of Redemption<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#Redemption_Methods\" >Redemption Methods<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#Advantages_of_this_Method\" >Advantages of this Method<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#Sources_of_Redemption_of_Debentures\" >Sources of Redemption of Debentures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#Exemption_to_create_DRR_%E2%80%93\" >Exemption to create DRR:\u2013<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#Suitability_of_this_Method\" >Suitability of this Method<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#Accounting_Treatment\" >Accounting Treatment<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#CBSE_Class_12_Revision_Notes_and_Key_Points\" >CBSE Class 12 Revision Notes and Key Points<\/a><\/li><\/ul><\/nav><\/div>\n<p><strong>Company Accounts \u2013 Redemption of Debentures Class 12 Notes Accountancy<\/strong> in PDF are available for free download in myCBSEguide mobile app. The best app for CBSE students now provides accounting for partnership firm\u2019s fundamentals class 12 Notes latest chapter wise notes for quick preparation of CBSE board exams and school-based annual examinations. Class 12 Accountancy notes on chapter 9 accounting for partnership firm\u2019s fundamentals are also available for download in CBSE Guide website.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"CBSE_Guide_Company_Accounts_%E2%80%93_Redemption_of_Debentures_class_12_Notes_Accountancy\"><\/span><strong>CBSE Guide Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>CBSE guide notes are the comprehensive notes which covers the latest syllabus of CBSE and NCERT. It includes all the topics given in NCERT class 12 Accountancy text book. Users can download CBSE guide quick revision notes from myCBSEguide mobile app and my CBSE guide website.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Class_12_Accountancy_notes_Chapter_9_Company_Accounts_%E2%80%93_Redemption_of_Debentures\"><\/span><strong>Class 12 Accountancy notes Chapter 9 Company Accounts \u2013 Redemption of Debentures\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Download CBSE class 12th revision notes for chapter 9 Company Accounts \u2013 Redemption of Debentures\u00a0in PDF format for free. Download revision notes for Company Accounts \u2013 Redemption of Debentures\u00a0class 12 Notes and score high in exams. These are the Company Accounts \u2013 Redemption of Debentures\u00a0class 12 Notes prepared by team of expert teachers. The revision notes help you revise the whole chapter 9 in minutes. Revision notes in exam days is one of the best tips recommended by teachers during exam days.<\/p>\n<p style=\"text-align: center;\"><strong><a class=\"button\" href=\"https:\/\/mycbseguide.com\/downloads\/cbse-class-12-accountancy\/1315\/cbse-revision-notes\/7\/\">Download Revision Notes as PDF<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"CBSE_Class_12_Accountancy_Revision_Notes_Chapter_9_Company_Accounts_Redemption_of_Debentures\"><\/span><strong>CBSE Class 12 Accountancy Revision Notes Chapter 9 Company Accounts Redemption of Debentures<br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Meaning:<\/strong> Redemption of debentures means repayment of the due amount of debentures holders. Its may be at par or at premium.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Time_of_Redemption\"><\/span><strong>Time of Redemption<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol start=\"1\">\n<li><strong>At maturity:<\/strong> When repayment is made at the date of maturity of debentures which is determined at the time of issue of debentures.<\/li>\n<li><strong>Before maturity:<\/strong> If articles of association and terms of issue mentioned in prospectus allows, then a company can redeem its debentures before maturity date.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Redemption_Methods\"><\/span><strong>Redemption Methods<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li><strong>Redemption in Lump-sum:<\/strong> When redemption is made at the expiry of a specific period, as per the terms of issue.<\/li>\n<li><strong>Redemption by draw of lots:<\/strong> In this method a certain proportion of debentures are redeem each, year, the debenture for which repayment is to be made is selected by draw of lots.<\/li>\n<li><strong>Redemption by purchases in open market:<\/strong> If articles of association of a company authorize, it may purchases its own debentures from open market i.e. stock exchange<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Advantages_of_this_Method\"><\/span><strong>Advantages of this Method<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>When market price of own debentures is low than the redeemable value is less then the amount payable on maturity.<\/li>\n<li>Decrease the amount of interest payable to outsiders.<\/li>\n<li>If term of issue is provided that debentures are to be redeemed at premium then such premium can be reduced.<\/li>\n<\/ol>\n<p>Sometimes company can purchases the debentures at more than the redeemable value due to the following reasons:<\/p>\n<ol>\n<li>To maintain the solvency ratio.<\/li>\n<li>To utilize the surplus money or funds which are lying idle with the company.<\/li>\n<li>When rate of interest on debentures is more than the current market rate of interest on debentures in the industry.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Sources_of_Redemption_of_Debentures\"><\/span><strong>Sources of Redemption of Debentures<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Proceeds from fresh issue of Share Capital or Debenture holder.<\/li>\n<li>From accumulated profit.<\/li>\n<li>Proceeds from sale of fixed assets.<\/li>\n<li>A company may purchases its own debentures out of its surplus funds.<\/li>\n<\/ol>\n<p>Two terms which are used in the redemption of debentures :<\/p>\n<ol>\n<li><strong>Redemption out of capital:<\/strong> When a company has not used its reserve or accumulated profit for redemption of its debentures, it is called redemption out of capital, So company using this method have not transferred its profit to DRR A\/c. But as per SEBI guidelines it is necessary for a company to transfer 50% amount of nominal value of debentures to be redeemed in DRR A\/c before redemption of debentures commence.<\/li>\n<li><strong>Redemption out of profit:<\/strong> Redemption out of profit means that adequate amount of profits are transferred to DRR A\/c from Statement of Profit &amp; Loss before the redemption of debenture commences. This reduces the amount available for dividends to shareholders.<\/li>\n<li><strong>Debenture Redemption Reserve (DRR):<\/strong> Section 71 (4) of the Companies Act, 2013 requires the company to create DRR out of the profits available for dividend and the amount created in DRR shall not be utilized for any purpose except redemption. Rule 18 (7) of Companies (share capital and Debentures) Rules, 2014 requires the following companies to create DRR of an amount equal to 25% of the value of Debentures:\u2013<\/li>\n<\/ol>\n<ol start=\"1\">\n<li>NBFCs registered with RBI<\/li>\n<li>Financial institutions other than all India Financial Institutions regulated by RBI.<\/li>\n<li>Housing finance companies registered with National Housing Bank. DRR is required for publicly three classes of companies, not for privately placed.<\/li>\n<li>Any other company (whether listed or unlisted), DRR to be created for both public and private placed debenture.<\/li>\n<\/ol>\n<p>As per rule 18 (7) (c), every company required to create \/ Maintain DRR shall invest or deposit before 30th April specified. Securities a sum which shall not be less than 15% of the amount of debentures, maturing for payment during the year ending 31st March of the next year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Exemption_to_create_DRR_%E2%80%93\"><\/span><strong>Exemption to create DRR:\u2013<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol start=\"1\">\n<li>All India Financial Institutions regulated by RBI.<\/li>\n<li>Banking Companies.<\/li>\n<\/ol>\n<p><strong>Note: <\/strong>1. It is assumed that company has invested 15% of redeemable amount an April 30 and incashed it as per Companies Act, 2013.<\/p>\n<p>2. It is assumed that company has created debenture Redemption Reserve @25% of the redeemable debenture and transferred it to General Reserve after redemption of all the debentures.<\/p>\n<p><strong>Redemption Method 3:<\/strong> Redemption of debentures by the purchase of own debentures in the open market. According to the Companies Act, a company can redeem its debentures in full or in part by purchasing its own debentures in the open market (Stock exchange) provided the company is authorised to do so by its Articles of Association.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Suitability_of_this_Method\"><\/span><strong>Suitability of this Method<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>When interest rate on own debentures is higher than the market interest rate.<\/li>\n<li>When own debentures are quoted at a discount in the open market, a company can earn profit on redemption as debentures are available at below its nominal value in the market, otherwise normal redemption may be at par or at premium.<\/li>\n<\/ol>\n<p><strong>Debenture Redemption Reserve :<\/strong> Creation of Debenture Redemption Reserve (DRR) is necessary if debentures have been purchased for cancellation. Unless otherwise stated in question, it is assumed that the company has adequate balance in DRR before initiating the process of purchase of debentures for cancellation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Accounting_Treatment\"><\/span><strong>Accounting Treatment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>(A) When Debentures are purchased from the open market for immediate cancellation :<\/p>\n<p>(i) When own debentures are purchased : e.g. if a company purchase 1,000 of its own debentures of 50 each at 49 (including all purchase exp.) in the open market for immediate cancellation.<\/p>\n<p><strong>Journal<\/strong><\/p>\n<table class=\"mobile\" border=\"1\" width=\"830\" cellspacing=\"0\" cellpadding=\"3\">\n<thead>\n<tr>\n<th scope=\"col\">Date<\/th>\n<th scope=\"col\">Particulars<\/th>\n<th scope=\"col\">L.F<\/th>\n<th scope=\"col\">Debit(Rs.)<\/th>\n<th scope=\"col\">Credit(Rs.)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><\/td>\n<td>Own Debentures A\/c<\/td>\n<td><\/td>\n<td>49,000<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>To Bank A\/c<\/td>\n<td><\/td>\n<td><\/td>\n<td>49,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>(Being the purchased of 1000 own debentures @ 49 each)<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(ii) For Cancellation of own Debentures:<\/p>\n<p>There may be three case \u2013 (a) when own debentures are purchased at nominal price \u2013 the entry passed is for cancellation :<\/p>\n<table class=\"mobile\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr>\n<td>X% Debentures<\/td>\n<td>Dr. (Nominal Face Value of Deb.)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">To Own Debentures A\/c(Purchase Cost)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(B) When own debentures are purchased at price below Nominal value of Debentures : the entry pass is for cancellation:<\/p>\n<table class=\"mobile\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\">\n<thead>\n<tr>\n<th scope=\"col\">(i) X% Debentures A\/c<\/th>\n<th scope=\"col\">Dr. (Nominal\/Face Value Debentures)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>To Own Debentures A\/c<\/td>\n<td>(Purchase cost of own Deb.)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">To Profit on cancellation of own Debentures of own Debentures A\/c<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Hint:<\/strong> (Profit on Cancellation is the Excess of nominal value over purchase cost of own debentures cancelled)<\/p>\n<p>Profit on cancellation of own Debentures is a capital profit and therefore, is transferred to capital Reserve (or it may be used to write off discount \/ Loss on issue of debentures) the entry is:<\/p>\n<p>To writing off Capital losses.]\n<p>(ii) Profit on Cancellation of own Debentures A\/c or<\/p>\n<p>To Capital Losses (if any) A\/c<\/p>\n<p>To Capital Reserve A\/c<\/p>\n<p>In above example the entries for cancellation of debentures will be:<\/p>\n<p><strong>Journal<\/strong><\/p>\n<table class=\"mobile\" border=\"1\" width=\"830\" cellspacing=\"0\" cellpadding=\"3\">\n<thead>\n<tr>\n<th scope=\"col\">Date<\/th>\n<th scope=\"col\">Particulars<\/th>\n<th scope=\"col\">L.F<\/th>\n<th scope=\"col\">Debit(Rs.)<\/th>\n<th scope=\"col\">Credit(Rs.)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><\/td>\n<td>X% Debentures A\/c\u00a0\u00a0\u00a0\u00a0 Dr.<\/td>\n<td><\/td>\n<td>50,000<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>To Own Debentures A\/c<\/td>\n<td><\/td>\n<td><\/td>\n<td>49,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>To Profit on Cancellation of own debentures A\/c<\/td>\n<td><\/td>\n<td><\/td>\n<td>1,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>(Cancellation of own Debentures)<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Profit on Cancellation of own Debentures A\/c Dr.<\/td>\n<td><\/td>\n<td>1,000<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>To Capital Reserve<\/td>\n<td><\/td>\n<td><\/td>\n<td>1,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>(Profits on conciliation of own Den. Is transferred to capital Reserve)<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(C) When own debentures are purchased at a price above its face value. E.g. Debentures of the face value of Rs. 40,000 ate purchased in the open market at Rs. 42,000, the entry will be<\/p>\n<p><strong>Journal<\/strong><\/p>\n<table class=\"mobile\" border=\"1\" width=\"832\" cellspacing=\"0\" cellpadding=\"3\">\n<thead>\n<tr>\n<th scope=\"col\">Date<\/th>\n<th scope=\"col\">Particulars<\/th>\n<th scope=\"col\">L.F<\/th>\n<th scope=\"col\">Debit (Rs.)<\/th>\n<th scope=\"col\">Credit(Rs.)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><\/td>\n<td>Own Debentures A\/c\u00a0\u00a0\u00a0\u00a0 Dr.<\/td>\n<td><\/td>\n<td>42,000<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>To Bank A\/c<\/td>\n<td><\/td>\n<td><\/td>\n<td>42,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>(Purchased of own Debentures for Rs. 42,000)<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>X% Debentures A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Dr.<\/td>\n<td><\/td>\n<td>40,000<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Loss on Redemption of Debenture A\/c Dr.<\/td>\n<td><\/td>\n<td>2,000<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>To own Debenture A\/c<\/td>\n<td><\/td>\n<td><\/td>\n<td>42,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>(Cancellation of own Debentures)<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u2018Loss on Redemption of Debentures\u2019 is a capital loss and is therefore written off against capital profit or in the absence of capital profit is written off from statement of profit and loss.<\/p>\n<p>(B) Purchase of own Debentures from open market for investment purpose : e.g. if a company purchase it 9% debentures of 50,000 at 49,000 as investment the entry will be:<\/p>\n<table class=\"mobile\" border=\"1\" width=\"827\" cellspacing=\"0\" cellpadding=\"3\">\n<thead>\n<tr>\n<th scope=\"col\">Date<\/th>\n<th scope=\"col\">Particulars<\/th>\n<th scope=\"col\">L.F<\/th>\n<th scope=\"col\">Debit (Rs.)<\/th>\n<th scope=\"col\">Credit(Rs.)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><\/td>\n<td>Investment in own Debentures A\/c\u00a0\u00a0\u00a0 Dr.<\/td>\n<td><\/td>\n<td>49,000<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>To Bank A\/c<\/td>\n<td><\/td>\n<td><\/td>\n<td>49,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>(Being Purchases of own debentures as investment)<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>It should be noted that in the above entry an account named \u201cInvestment in own debentures A\/c\u201d is debited with purchase cost instead of \u201cown debentures A\/c\u201d because own debentures have been purchased as an assets. \u201cInvestment in own debenture\u201d will appear on the assets side under Non-Current Investment or current investment depending upon the time of Cancellation\/Redemption or resell time.<\/p>\n<p><strong>Advantages :<\/strong> Reasons for Purchase of own Debentures as Investment :<\/p>\n<ol start=\"1\">\n<li>Debentures are available in open market at a price below its nominal value.<\/li>\n<li>These debentures can be resold at profit in the market OR can be cancelled if the market price of such debentures further goes down.<\/li>\n<li>Interest payment on such debentures is saved which would otherwise be paid to debenture holders.<\/li>\n<\/ol>\n<p>Resell these debenture in the market : the journal entries will be :<\/p>\n<p>Bank A\/c \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Dr.<\/p>\n<p>(Net amount realised from own Deb.)<\/p>\n<p>Loss on sale of own Debentures A\/c*Dr. (Excess of cost over sale price)<\/p>\n<p>To Investment in own Debentures A\/c (cost of own debentures)<\/p>\n<p>To Profit on sale of own Debentures A\/c*(Excess of sale price over cost)<\/p>\n<p><strong>Note : *<\/strong>There will be one entries from two above Profit or Loss as the case. Loss or Profit on sale of own debentures will be transferred to Statement of profit and loss at the end of accounting year.<\/p>\n<p>Profit on sale of own Debentures A\/c \u00a0\u00a0\u00a0\u00a0\u00a0Dr.<\/p>\n<p>To Statement of Profit and Loss<\/p>\n<p>B (II) On Cancellation of Debentures at a later date :<\/p>\n<p>(a) X% Debentures A\/c \u00a0\u00a0\u00a0Dr.<\/p>\n<p>Loss on cancellation of own Debentures A\/c\u00a0Dr.<\/p>\n<p>To Investment in own Debentures A\/c<\/p>\n<p>To Profit on cancellation of own Debentures A\/c<\/p>\n<p>(b) Profit on cancellation of own Debentures A\/c \u00a0\u00a0\u00a0\u00a0Dr.<\/p>\n<p>To Capital Reserve A\/c<\/p>\n<p>Treatment of Interest on Own Debentures: when a Company purchase it own debentures for investment and has not cancelled them upto the interest payment due date. The company will pay interest only to outside debentures holders and interest on own debentures held by the company is retained by the company entries will be:<\/p>\n<p>(i) When interest becomes due on Debentures :<\/p>\n<table class=\"mobile\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\">\n<thead>\n<tr>\n<th scope=\"col\">Debentures interest A\/c<\/th>\n<th scope=\"col\">Dr. (Total interest)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>To Debentures holders A\/c<\/td>\n<td>(int. for outsides)<\/td>\n<\/tr>\n<tr>\n<td>To Int. on own Debentures A\/c<\/td>\n<td>(Interest on Own Debentures)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(ii) On Payment of interest to outsider debentures holders:<\/p>\n<p>Debentures holders A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Dr.<\/p>\n<p>To Bank A\/c<\/p>\n<p>(iii) Transfer of Int. to statement of P\/L at the end of accounting year:<\/p>\n<table class=\"mobile\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr>\n<td>(a) Statement of Profit &amp; Loss<\/td>\n<td>Dr. (Total Int. of accounting year transferred)<\/td>\n<\/tr>\n<tr>\n<td>To Debentures interest A\/c<\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Transfer of Interest on Own debentures to statement of Profit &amp; Loss<\/p>\n<p>Interest on own debentures A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Dr.<\/p>\n<p>To Statement of Profit &amp; Loss<\/p>\n<h2><span class=\"ez-toc-section\" id=\"CBSE_Class_12_Revision_Notes_and_Key_Points\"><\/span><strong>CBSE Class 12 Revision Notes and Key Points<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy. CBSE quick revision note for class-12 Chemistry Physics Math\u2019s, Accountancy and other subject are very helpful to revise the whole syllabus during exam days. The revision notes covers all important formulas and concepts given in the chapter. Even if you wish to have an overview of a chapter, quick revision notes are here to do if for you. These notes will certainly save your time during stressful exam days.<\/p>\n<ul>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-physics\/1251\/cbse-revision-notes\/7\/\">Physics<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-chemistry\/1267\/cbse-revision-notes\/7\/\">Chemistry<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-mathematics\/1284\/cbse-revision-notes\/7\/\">Mathematics<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-biology\/1298\/cbse-revision-notes\/7\/\">Biology<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-accountancy\/1315\/cbse-revision-notes\/7\/\">Accountancy<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-economics\/1327\/cbse-revision-notes\/7\/\">Economics<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-business-studies\/1727\/cbse-revision-notes\/7\/\">Business Studies<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-computer-science\/1851\/cbse-revision-notes\/7\/\"> Computer Science<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-informatics-practices\/1873\/cbse-revision-notes\/7\/\">Informatics Practices<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-english-core\/1855\/cbse-revision-notes\/7\/\">English Core<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-history\/1869\/cbse-revision-notes\/7\/\">History<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-physical-education\/1877\/cbse-revision-notes\/7\/\">Physical Education<\/a><\/li>\n<\/ul>\n<p>To download Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy, sample paper for class 12 Physics, Chemistry, Biology, History, Political Science, Economics, Geography, Computer Science, Home Science, Accountancy, Business Studies and Home Science; do check myCBSEguide app or website. myCBSEguide provides sample papers with solution, test papers for chapter-wise practice, NCERT Company Accounts \u2013 Redemption of Debentures, NCERT Exemplar Company Accounts \u2013 Redemption of Debentures, quick revision notes for ready reference, CBSE guess papers and CBSE important question papers. Sample Paper all are made available through\u00a0<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.techchefs.MyCBSEGuide&amp;referrer=utm_source%3Dmycbse_bottom%26utm_medium%3Dtext%26utm_campaign%3Dmycbseads\"><strong>the best app for CBSE students<\/strong><\/a>\u00a0and myCBSEguide website.<\/p>\n<ul>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/accounting-partnership-firms-fundamentals-class-12-notes-accountancy\/\">Accounting for partnership firms fundamentals class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/goodwill-nature-valuation-class-12-notes-accountancy\/\">Goodwill Nature And Valuation class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/reconstitution-partnership-class-12-notes-accountancy\/\">Reconstitution of Partnership class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/admission-partner-class-12-notes-accountancy\/\">Admission of A Partner class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/retirement-death-partner-class-12-notes-accountancy\/\">Retirement or Death of a partner class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/dissolution-partnership-firm-class-12-notes-accountancy\/\">Dissolution Of a Partnership Firm class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/accounting-share-capital-class-12-notes-accountancy\/\">Accounting For Share Capital class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/accounting-debentures-class-12-notes-accountancy\/\">Accounting For Debentures class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/financial-statements-company-class-12-notes-accountancy\/\">Financial Statements Of A Company class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/financial-statement-analysis-class-12-notes-accountancy\/\">Financial statement analysis class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/tools-financial-statement-analysis-class-12-notes-accountancy\/\">Tools for financial statement analysis class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/accounting-ratios-class-12-notes-accountancy\/\">Accounting Ratios class 12 Notes Accountancy<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/cash-flow-statement-class-12-notes-accountancy\/\">Cash flow statement class 12 Notes Accountancy<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Company Accounts \u2013 Redemption of Debentures Class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. The best app for CBSE students now provides accounting for partnership firm\u2019s fundamentals class 12 Notes latest chapter wise notes for quick preparation of CBSE board exams and school-based annual examinations. Class 12 Accountancy &#8230; <a title=\"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy\" class=\"read-more\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/\" aria-label=\"More on Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":9785,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,456],"tags":[620,457,150,637,426,240],"class_list":["post-9512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cbse-class-12","category-revision-notes","tag-accountancy-notes","tag-cbse-notes","tag-cbse-notes-and-key-points","tag-company-accounts-redemption-of-debentures","tag-quick-revision","tag-quick-revision-notes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy<\/title>\n<meta name=\"description\" content=\"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy ch-9 in PDF format for free download Latest chp notes for board exams\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy\" \/>\n<meta property=\"og:description\" content=\"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy ch-9 in PDF format for free download Latest chp notes for board exams\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/\" \/>\n<meta property=\"og:site_name\" content=\"myCBSEguide\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mycbseguide\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-12T09:56:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-11T08:58:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"myCBSEguide\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mycbseguide\" \/>\n<meta name=\"twitter:site\" content=\"@mycbseguide\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"myCBSEguide\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/\"},\"author\":{\"name\":\"myCBSEguide\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#\/schema\/person\/f67796d5f5c5a468e8c680aaaad21519\"},\"headline\":\"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy\",\"datePublished\":\"2018-02-12T09:56:33+00:00\",\"dateModified\":\"2019-03-11T08:58:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/\"},\"wordCount\":2246,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg\",\"keywords\":[\"Accountancy notes\",\"CBSE Notes\",\"CBSE Notes and Key Points\",\"Company Accounts \u2013 Redemption of Debentures\",\"Quick Revision\",\"Quick Revision Notes\"],\"articleSection\":[\"Class 12\",\"Revision Notes\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/\",\"url\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/\",\"name\":\"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy\",\"isPartOf\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg\",\"datePublished\":\"2018-02-12T09:56:33+00:00\",\"dateModified\":\"2019-03-11T08:58:36+00:00\",\"description\":\"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy ch-9 in PDF format for free download Latest chp notes for board exams\",\"breadcrumb\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#primaryimage\",\"url\":\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg\",\"contentUrl\":\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg\",\"width\":600,\"height\":300,\"caption\":\"Notes For Accounting for partnership firms fundamentals\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mycbseguide.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Revision Notes\",\"item\":\"https:\/\/mycbseguide.com\/blog\/category\/revision-notes\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#website\",\"url\":\"https:\/\/mycbseguide.com\/blog\/\",\"name\":\"myCBSEguide\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mycbseguide.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#organization\",\"name\":\"myCBSEguide\",\"url\":\"https:\/\/mycbseguide.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/04\/books_square.png\",\"contentUrl\":\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/04\/books_square.png\",\"width\":180,\"height\":180,\"caption\":\"myCBSEguide\"},\"image\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/mycbseguide\/\",\"https:\/\/x.com\/mycbseguide\",\"https:\/\/www.linkedin.com\/company\/mycbseguide\/\",\"http:\/\/in.pinterest.com\/mycbseguide\/\",\"https:\/\/www.youtube.com\/channel\/UCxuqSnnygFzwJG0pwogCNEQ\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#\/schema\/person\/f67796d5f5c5a468e8c680aaaad21519\",\"name\":\"myCBSEguide\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy","description":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy ch-9 in PDF format for free download Latest chp notes for board exams","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/","og_locale":"en_US","og_type":"article","og_title":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy","og_description":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy ch-9 in PDF format for free download Latest chp notes for board exams","og_url":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/","og_site_name":"myCBSEguide","article_publisher":"https:\/\/www.facebook.com\/mycbseguide\/","article_published_time":"2018-02-12T09:56:33+00:00","article_modified_time":"2019-03-11T08:58:36+00:00","og_image":[{"width":600,"height":300,"url":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg","type":"image\/jpeg"}],"author":"myCBSEguide","twitter_card":"summary_large_image","twitter_creator":"@mycbseguide","twitter_site":"@mycbseguide","twitter_misc":{"Written by":"myCBSEguide","Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#article","isPartOf":{"@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/"},"author":{"name":"myCBSEguide","@id":"https:\/\/mycbseguide.com\/blog\/#\/schema\/person\/f67796d5f5c5a468e8c680aaaad21519"},"headline":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy","datePublished":"2018-02-12T09:56:33+00:00","dateModified":"2019-03-11T08:58:36+00:00","mainEntityOfPage":{"@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/"},"wordCount":2246,"commentCount":0,"publisher":{"@id":"https:\/\/mycbseguide.com\/blog\/#organization"},"image":{"@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#primaryimage"},"thumbnailUrl":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg","keywords":["Accountancy notes","CBSE Notes","CBSE Notes and Key Points","Company Accounts \u2013 Redemption of Debentures","Quick Revision","Quick Revision Notes"],"articleSection":["Class 12","Revision Notes"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/","url":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/","name":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy","isPartOf":{"@id":"https:\/\/mycbseguide.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#primaryimage"},"image":{"@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#primaryimage"},"thumbnailUrl":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg","datePublished":"2018-02-12T09:56:33+00:00","dateModified":"2019-03-11T08:58:36+00:00","description":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy ch-9 in PDF format for free download Latest chp notes for board exams","breadcrumb":{"@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#primaryimage","url":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg","contentUrl":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2018\/02\/12_accountancy_revision_notes-1.jpg","width":600,"height":300,"caption":"Notes For Accounting for partnership firms fundamentals"},{"@type":"BreadcrumbList","@id":"https:\/\/mycbseguide.com\/blog\/company-accounts-redemption-debentures-class-12-notes-accountancy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mycbseguide.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Revision Notes","item":"https:\/\/mycbseguide.com\/blog\/category\/revision-notes\/"},{"@type":"ListItem","position":3,"name":"Company Accounts \u2013 Redemption of Debentures class 12 Notes Accountancy"}]},{"@type":"WebSite","@id":"https:\/\/mycbseguide.com\/blog\/#website","url":"https:\/\/mycbseguide.com\/blog\/","name":"myCBSEguide","description":"","publisher":{"@id":"https:\/\/mycbseguide.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mycbseguide.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mycbseguide.com\/blog\/#organization","name":"myCBSEguide","url":"https:\/\/mycbseguide.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mycbseguide.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/04\/books_square.png","contentUrl":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/04\/books_square.png","width":180,"height":180,"caption":"myCBSEguide"},"image":{"@id":"https:\/\/mycbseguide.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/mycbseguide\/","https:\/\/x.com\/mycbseguide","https:\/\/www.linkedin.com\/company\/mycbseguide\/","http:\/\/in.pinterest.com\/mycbseguide\/","https:\/\/www.youtube.com\/channel\/UCxuqSnnygFzwJG0pwogCNEQ"]},{"@type":"Person","@id":"https:\/\/mycbseguide.com\/blog\/#\/schema\/person\/f67796d5f5c5a468e8c680aaaad21519","name":"myCBSEguide"}]}},"_links":{"self":[{"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/posts\/9512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/comments?post=9512"}],"version-history":[{"count":7,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/posts\/9512\/revisions"}],"predecessor-version":[{"id":25424,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/posts\/9512\/revisions\/25424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/media\/9785"}],"wp:attachment":[{"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/media?parent=9512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/categories?post=9512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/tags?post=9512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}