After all the debentures are redeemed; the balance in the sinking fund – McqOptions

MCQOPTIONS

1.	After all the debentures are redeemed; the balance in the sinking fund account is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐‐.
A.	Capital reserve
B.	General reserve
C.	Profit and loss account
D.	Capital redemption reserve.
Answer» C. Profit and loss account

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