Question - 36

What entries for the redemption on debentures will be done where (a) debentures are redeemed by annual drawings out of profits; (b) debentures are redeemed by drawing a lot out of capital and (c) debenture are redeemed by purchasting in the open market when sharing and for the redemption of debenture is not maitained : (i) when out of profit and (ii) when out of capital?

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