Zebra Ltd., redeemed 10,000 12% Debentures, out of capital by drawing a lot and it has also
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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 10000 12 Debentures out of Capital Assuming the company is allowed to redeem de...View the full answer
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