Student Community

Sunflower Ltd., a listed company, had outstanding 5,000, 8% Debenture of ₹ 1,000 each due for redemption on 30th September, 2023

2.04K viewsNovember 1, 2023Redemption of Debentures

Anurag Pathak30.76K November 1, 2023 0 Comments

Sunflower Ltd., a listed company, had outstanding 5,000, 8% Debenture of ₹ 1,000 each due for redemption on 30th September, 2023, How much amount it should transfer to Debenture Redemption Reserve (DRR) and when?

Anurag Pathak Changed status to publish November 1, 2023

Add a Comment

1 Answer

Anurag Pathak30.76K Posted November 1, 2023 0 Comments

Solution:-

Nil

Explanation:-

Listed companies are exempted to create DRR for the purpose of Redemption of Debenture.

Anurag Pathak Changed status to publish November 1, 2023

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8737

Telegram Channel

Telegram Channel

Sunflower Ltd., a listed company, had outstanding 5,000, 8% Debenture of ₹ 1,000 each due for redemption on 30th September, 2023

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions