Accountancy, asked by pradeepthakur29, 11 months ago

what is redemption of debenture

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Answered by vk9801378355

Answer:

Redemption of debentures means payment of the amount of debentures by the company. ... Amount of funds required for redemption of debentures is quite large and, therefore, prudent companies make sufficient provision out of profits and accumulate funds to redeem debentures.

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