[ISC] Q 8 Redemption of Debenture TS Grewal (2023-24)
Solution of question number 8 of Redemption of Debenture Ts Grewal class 12 ISC Board (2023-24)
Star Finance Ltd., an unlisted NBFC issued 2,00,000; 8% Debentures of ₹ 10 each at a premium of 8% on 30th June, 2017 redeemable on 31st March, 2021. How much amount it should transfer to Debentures Redemption Reserve before the redemption of debentures?
Solution:-
NIL
Unlisted Non-Banking Finance Companies are exempted to create DRR for the purpose of Redemption of Debentures.
Here is the list of all Solutions of Redemption of Debenture of TS Grewal class 12 ISC Board 2023-24.
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| 51 | Question – 51 |
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| 55 | Question – 55 |
