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

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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.

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Anurag Pathak
Anurag Pathak

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