[ISC] Q 1 Redemption of Debenture TS Grewal (2024-25)

Share your love

Solution of question number 1 of Redemption of Debenture Ts Grewal class 12 ISC Board (2024-25)

Faith & Belief 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?

commerceschool.in

Solution:-

commerceschool.in

Nil

Explanation:-

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

Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7172

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending now

Assertion Reason MCQs of Accounting for Partnership Firm Fundamentals with answers Class 12
[ISC] TS Grewal Solutions Accounts class 12 (2022-23)
[CBSE] TS Grewal Solutions Class 12 [2023-24] Accounts
[CBSE] TS Grewal Solutions Class 12 (2022-23) Accounts
x