Vidyalelo
Commerce · Q2341

Accounting

Graduate and Post Graduate · Commerce · question 2341

Q2341

When investment in private debentures is cancelled then this profit/loss is credited/ debited to

A.
Debenture Redemption fund A/c
Answer
B.
General reserve A/c
C.
Capital reserve A/c
D.
Any of the above A/c

Answer: Option A

Solution

Answer: Option A
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