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Question Practice

What does the journal entry indicate when debentures are recorded at par during redemption?

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MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Issue and Redemption of Debentures
Question Bank

What does the journal entry in...

Single Answer MCQ
Q-00082570

What does the journal entry indicate when debentures are recorded at par during redemption?

1

Loss on Redemption

2

Amount due is equal to face value

3

Investments have been realized

4

Gain on Redemption

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