When all the debentures are redeemed, balance in the debentures redemption fund account is transferred to :
A. Capital reserve,
B. General reserve,
C. Statement of profits and loss
D. Any of these
Answer:B
When all the debentures are redeemed, balance in the debentures redemption fund account is transferred to :
A. Capital reserve, B. General reserve, C. Statement of profits and loss D. Any of these