on 31st March 2020 ashoka ltd. redeemed out of profits rs 50000 ,10% debenture at a premium of 5%. show the journal entries assuming that the company has required balance in Debenture redemption Investment Account.β
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Merko bhi redeem code de do 800 ka
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DRI encashed rs 7500, payment to debentureholders rs 52,500, transfer to general reserve rs 50,000
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