[ISC] Q 1 Redemption of Debenture TS Grewal (2023-24)

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Solution of question number 1 of Redemption of Debenture Ts Grewal class 12 ISC Board (2023-24)

Sunflower Ltd., a listed company, had outstanding 5,000, 8% Debenture of ₹ 1,000 each due for redemption on 30th September, 2023, How much amount it should transfer to Debenture Redemption Reserve (DRR) and when?

Solution:-

Nil

Explanation:-

Listed companies are exempted to create DRR for the purpose of Redemption of Debenture.

Here is the list of all Solutions of Redemption of Debenture of TS Grewal class 12 ISC Board 2023-24.

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Anurag Pathak

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