Accountancy, asked by archanapandit078, 2 months ago

when debentures become due for redemption the entry is

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Answered by bujji2612

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.

Explanation:

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when debentures become due for redemption the entry is​

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when debentures become due for redemption the entry is