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X limited has 4000 9 %debenture …

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X limited has 4000 9 %debenture of rs 100 each outstanding as on 31.3.15 these debenture are due for redemption on 31.3.2016 debenture redemption reserves has a balance of rs 50000 on 31.3.15 pass the journal entries at the time of redemption of debenture
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