Premium on redemption of debentures is :

CS Executive · Corporate and Management Accounting · PYQS · June 2024
Premium on redemption of debentures is :
(A) Suspense A/c
(B) Real A/c
(C) Personal A/c
(D) Nominal A/c

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Accounting

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