Accountancy, asked by kanchigidwani7, 4 months ago

state the uses of debenture premium amount.​

Answers

Answered by Anonymous
26

Answer:

To write off expenses of issue of shares and debentures, such as commission paid or discount given on the issue of shares. The balance can also be used to provide for the premium that is payable on the redemption of debentures or of preference shares of the company.

Explanation:

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