πŸ“Š Corporate Accounting
Q. 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
πŸ’¬ Discuss
βœ… Correct Answer: (B) general reserve

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