When all debentures are redeemed, balance in the Debenture Redemption – McqOptions

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1.	When all debentures are redeemed, balance in the Debenture Redemption Fund Account istransferred to:
A.	capital reserve
B.	general reserve
C.	profit & loss appropriation a/c
D.	none of these
Answer» C. profit & loss appropriation a/c

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