A company redeems its debentures at a premium. How may the company treat the premium on the
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A company redeems its debentures at a premium. How may the company treat the premium on the redemption?
A. Debit Bank account
B. Debit Capital Redemption Reserve
C. Debit Share Capital account
D. Debit Share Premium account
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D Debit Share Premium account When a company redeems its debentures at a premium the premium amoun...View the full answer
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