📊 Corporate Accounting
Q. When own debentures are cancelled, any profit on cancellation is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Profit and Loss Account
  • (B) General reserve
  • (C) Capital Reserve
  • (D) Sinking fund
💬 Discuss
✅ Correct Answer: (C) Capital Reserve

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Mr. Dubey
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