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AB ltd has 5l ,10% debentures …

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AB ltd has 5l ,10% debentures @100each .Co. adopt the following ways to redeem the debentures Rs. 1L debentures were redeemed from the p&L a/c if the co. Rs.3L debentures were purchased by the co. from open market for immediately cancellation @98 per debenture. Remaining debentures were converted into 12% debenture@50per debenture

Posted by Innocent Girl 8 years, 3 months ago

CBSE > Class 12 > Accountancy

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