what is purchase of own debentures with entry
Answers
Answered by
0
Answer:
PLEASE MARK ME AS BRAINLIEST
Explanation:
'OWN DEBENTURES ACCOUNT ' , IS OPENED IN THE BOOKS WHEN A COMPANY BUYS ITS OWN DEBENTURES FOR INVESTMENT PURPOSES AND NOT FOR CANCELLATION .
Answered by
1
Answer:
DEBENTURES PURCHASED FROM THE OPEN MARKET FOR THE PURPOSE OF CANCELLATION ARE CALLED OWN DEBENTURES. IT IS A METHOD OF REDEMPTION OF DEBENTURES.
Explanation:
Similar questions