Advertisements
Advertisements
प्रश्न
Profit on cancellation of own debentures is transferred to ______.
पर्याय
Statement of profit and loss
Debenture redemption reserve
Capital reserve
MCQ
Advertisements
उत्तर
Profit on cancellation of own debentures is transferred to capital reserve.
Explanation:
Profit on cancellation of the company’s own debentures is treated as a capital profit and is transferred to Capital Reserve, not to the Statement of Profit and Loss or Debenture Redemption Reserve.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
