Accountancy, asked by amishubhi3736, 1 day ago

When debentures are to be redeemed at premium an extra entry has to be made at the time of issue of debentures, which a/c should be credited in this entry ?

Answers

Answered by dishajadhav860

Answer:

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Answered by bhagyamanju1976

Answer:

Premium on redemption of debentures account was given credit, when the debentures were issued. On redemption, this account is debited and transferred to Debenture holders' account.

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