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What is meant by redemption of debentures by lump sum payment? - Accounts

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Question

What is meant by redemption of debentures by lump sum payment?

Short Answer
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Solution

Redemption of debentures by lump sum payment means the company repays the entire principal amount of its debentures in one single payment at the end of a specified period, usually on the maturity date or earlier if the company opts. This method involves repaying all debentures at once rather than in installments.

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Chapter 8: Company Accounts - Redemption of Debentures - SHORT ANSWER QUESTIONS [Page 8.36]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 8 Company Accounts - Redemption of Debentures
SHORT ANSWER QUESTIONS | Q 8. | Page 8.36
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