Accountancy, asked by kyurem1819, 1 year ago

How debenture redemption reserve is created and what is the accounting entry passed for the same

Answers

Answered by Anonymous

2

So as per the provisions of the Companies Act and the SEBI guidelines the company has to make provisions for such a debenture. ... This debenture redemption reserve is a capital reserve account. It is funded by the divisible profits of each year, i.e. a portion of the profits are set aside for this purpose

Answered by Anonymous

1

Explanation:

the Reserve is created by the accounting entry passed for the

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