Profit on cancellation of own debentures is transferred to: (a). Capital redemption reserve (b). General reserve (c).

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Profit on cancellation of own debentures is transferred to:

(a). Capital redemption reserve

(b). General reserve

(c). Capital reserve

(d). None of the above

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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Question Posted: Aug 31, 2023 12:10 PM

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Profit on cancellation of own debentures is transferred to: (a). Capital redemption reserve (b). General reserve (c).

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Corporate Accounting

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