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Why is profit on cancellation of debentures
Transferred to Capital Reserve account instead of profit and loss account? Please see attached.
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20201126_175742.jpg
Kumarjit Dey
CA Inter
★ 4K+
26-Nov-20 17:58
8
Answers (2)
Best Answer
Its a capital profit.
Suraj Lakhotia
Admin
26-Nov-20 19:00
Okay.
26-Nov-20 19:07
