1.

When the debentures arenissued at discount and are redeemable at premium,nwhich of the following accounts is debitednat the time of issue?

A. Debentures A/c
B. Premiumon redemption of debenturesA/c
C. Loss on issue of debenturesA/c
D. CapitalreserveA/c
Answer» D. CapitalreserveA/c


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