Rattan Ltd. Is to redeem 10,000, 8% Debentures of Rs 100 each at a pre – InterviewSolution

1.	Rattan Ltd. Is to redeem 10,000, 8% Debentures of Rs 100 each at a premium of Rs 10 out of profit. Amount that should be set aside to Debenture Redemption Reserve (DRR) isA. Rs 2,50,000B. Rs 10,00,000C. Rs 11,00,000D. None of these
Answer» Correct Answer - C

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