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Debenture redemption

Accountancy

If DRI is realised at profit at the time of redemption, is it written off from capital reserve first or from statement of profit & loss first?


Asmita Kar

Asmita Kar

CA Foundation

7K+

13-Mar-25 18:20

141

Answers (1)

If its sold at profit, it is credited to P&L


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

15-Mar-25 18:39

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