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Redemption of debentures

Accountancy

In book back illustration 2 In solution they created DRR investment account but they didn't create for DRR account ?? Why

Screenshot_2020-06-02-12-23-19-110_com.google.android.apps.docs.jpg

Screenshot_2020-06-02-12-24-24-287_com.google.android.apps.docs.jpg

Kanaga Mani

CA Inter

★ 3K+

02-Jun-20 12:25

347

Answers (1)

The illustration says - Its a public issue and also assuming it to be a listed company - DRR is not required Note - Other listed companies for both public as well as privately placed debentures - No DRR is required

ruchi lahoti

CA Inter

★ 27K+

03-Jun-20 10:32

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