What will be the entry when share are issued at premium 9 % and redeemed at premium 10%?
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Dear Mate kbhi bhi shares redeemed nhi hote h ye sirf forfeiture hote h.M apko debentures ki entry bta rha hu.How to redeem debenture on premium÷
For issue
Debenture application/Allotment A/C. Dr
To debenture A/C
To security premium reserve A/c
For redemption
Debenture. A/c. Dr
Premium on redemption debenture A/c. Dr
To debenture holder's A/c
I hope that it will help you lot.
For issue
Debenture application/Allotment A/C. Dr
To debenture A/C
To security premium reserve A/c
For redemption
Debenture. A/c. Dr
Premium on redemption debenture A/c. Dr
To debenture holder's A/c
I hope that it will help you lot.
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