When debentures are redeemed out of profits, an amount equal is transferred to…..

Related MCQs

• When debentures are redeemed from out of profits an equal amount is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐ account.
• In case of redemption out f profit, an amount equal to face value of shares so redeemed should be transferred to …………
• When all debentures are redeemed, balance in the Debenture Redemption Fund Account is transferred to:
• After all the debentures are redeemed the balance in the sinking fund is transferred to
• After all the debentures are redeemed; the balance in the sinking fund account is transferred to ‐‐‐‐‐‐ ‐‐‐‐‐‐‐.
• Debentures can be redeemed out of ……….
• Debentures can be redeemed out of ……….
• When the proposed dividend is more than 20 %, an amount equal to ‐‐‐‐‐‐‐‐‐‐‐ of the current profits must be transferred to reserve.
• Debentures cannot be redeemed at
• When debentures are redeemed in annual installments the redemption is known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.