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Q. |
After all the debentures are redeemed; the balance in the sinking fund account is transferred to ‐‐‐‐‐‐ ‐‐‐‐‐‐‐. |
A. | Capital reserve |
B. | General reserve |
C. | Profit and loss account |
D. | Capital redemption reserve. |
Answer» B. General reserve |
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