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Redemption of Debentures True / False …

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Redemption of Debentures *True / False* 1. Redemption out of profit means the company shall set aside amount equal to 100% of the nominal (face) value of debentures to DRR. *Fill in the Blank* 2. After redemption of debentures, proportionate amount from Debenture Redemption Reserve Account may be transferred to _______________ Account. *Multiple Choice Question* 3. What is the nature of ‘Premium on Redemption of Debentures Account’? a) Real b) Nominal c) Personal d) Expense

Posted by Anshul Koundal 6 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Yashika Choudhary 6 years, 3 months ago

1.true 2.general reserve 3.personal

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