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Redemption of Debentures Illustration 4

Accountancy

Reference: redemption of debentures illustration 4 sum: in preparing bank account , why interest paid to debentures is not debited in the bank account.?

Vijay adithya

CA Inter

★ 5K+

13-Apr-23 18:56

270

Answers (1)

Best Answer

You can assume that interest is not paid and solve accordingly. Or take an assumption that interest is already paid.

CA Suraj Lakhotia

Admin

13-Apr-23 20:46