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Commerce · Q2176

Accounting

Graduate and Post Graduate · Commerce · question 2176

Q2176

If a company buys its own debenture of Rs. 1000 from the market for Rs. 975, the difference of Rs. 25 will be considered as

A.
Profit on redemption of debenture
Answer
B.
Loss on redemption of debenture
C.
Goodwill
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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