When all debentures are redeemed, balance in the Debenture Redemption Fund Account is transferred to:
A. Capital Reserve
B. General Reserve
C. Profit & Loss Appropriation A/c
D. None of these
Answer:A
When all debentures are redeemed, balance in the Debenture Redemption Fund Account is transferred to:
A. Capital Reserve B. General Reserve C. Profit & Loss Appropriation A/c D. None of these