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Sir, when convertiable debentures are converted into equity shares, why we credit investment in equity sharesa/c . In invenstment in bonds ledger a/c
Star Ca
CA Inter
★ 3K+
06-Mar-20 20:23
415
Answers (1)
No we don't credit , the journal entry is Investment in equity shares A/c debit To bond/debentures AC
Rajath Tumma
★ 2K+
07-Mar-20 17:01