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| 1. |
When all the debentures are redeemed the balance of redemption of debentures A/c fund transferred to:(a) Capital reserveb) General Reserve(C) Profit & loss appropriation A/c (d) None of these |
| Answer» B ) general reserve Explanation:where all the DEBENTURES are REDEEMED ,DRR Account is CLOSED by transferring the amount to general reserve | |