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Topic:Redemption of preference shares ?

AnonymousPosted on 8th January,2021 05:15 PM

In this sum of redemption of preference shares the company has issued debentures for redeeming pref shares.We cannot redeem preference shares by issuing debentures know?  Do we need to pass the journal entry for the same?\r\n
Main Category: Accounts | Sub Category: AS | Reply Count: 1 |
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