Accountancy, asked by ruchiy4522, 4 months ago

explain the sources of redemption of Debentures.?​

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Answered by KretinBlox
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Answer:

explain the sources of redemption of Debentures.?

The debentures to be redeemed are selected by draw of lots. Accounting entries for redemption of debentures are the same as passed in case debentures are redeemed out of profits. When all the debentures are redeemed, the balance in DRR account will be transferred to general reserve.

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Answered by Anonymous
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Answer:

The debentures to be redeemed are selected by draw of lots. Accounting entries for redemption of debentures are the same as passed in case debentures are redeemed out of profits. When all the debentures are redeemed, the balance in DRR account will be transferred to general reserve.

Explanation:

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