What is meant by Redemption of Debentures? Post category:Accountancy Reading time:1 mins read SOLUTION Redemption of debentures means repayment of the amount of debentures to debentureholders. In other words, redemption refers to discharge of Liability on account of debentures by repaying the due amount of debentures. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostGlobe Ltd. issues 20,000, 9% debentures of Rs. 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 6%. For what amount ‘Loss on Issue of Debentures Account’ will be debited? Next PostName two sources of finance for redemption of debenture. You Might Also Like Where would you transfer the balance left in the share forfeited account after the reissue of such shares? September 28, 2022 Revenue from Operations, i.e., Net Sales Rs. 6,00,000. Calculate Net Profit Ratio. August 17, 2022 What are calls in Arrears? September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Where would you transfer the balance left in the share forfeited account after the reissue of such shares? September 28, 2022