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Zebra Ltd., redeemed 10,000 12% Debentures, out of capital by drawing a lot and it has also redeemed 20,000. 10%

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Zebra Ltd., redeemed ₹10,000 12% Debentures, out of capital by drawing a lot and it has also redeemed ₹20,000. 10% Debentures out of profit by drawing a lot. Journalise the transactions.

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Case 1 Redemption of 10 000 12 Debentures out of Capital Assuming the company is allowed to redeem d…View the full answer


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Corporate Accounting

Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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Question Details
Chapter # 4- ISSUE AND REDEMPTION OF DEBENTURES,,
Section: EXERCISES AND PROBLEMS
Problem: 9
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Question Posted: August 31, 2023 12:11:11
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