REDEMPTION OF DEBENTUREAccountancy For XII

Under the provision, debenture redemption reserves will be funded by company profits every year until debentures are to be redeemed. If a company does not create a reserve within 12 months of issuing the debentures, they will be required to pay 2% interest in penalty to the debenture holders.


Lesson Title Time  
Lecture 1 : Redemption of Debenture by Himanshu Sharma N/A  Play

Published    26-Jul-2016      Bilingual

Redemption of Debenture is a part of Accounting for companies. This unit covers 10 marks. Himanshu Sharma Sir is an excellent teacher in accounts. He has discussed here methods of Redemption, Sources of Redemption, Sources of Profit, Conversions, open markets, Lump Sums, Draw of lots, Creation of Debenture Redemption Reserve and so on..

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