Question

Where is ‘Debenture Redemption Reserve’ transferred after the redemption of all debentures?

विकल्प

• Capital Reserve Account

• General Reserve Account

• Statement of Profit and Loss

• Sinking Fund Account

Answer 1

General reserve account

Explanation:

After all debentures have been redeemed, the balance in the Debenture Redemption Reserve (DRR) is transferred to the general reserve account, as it is no longer required for redemption purposes.