Imp- loss on issue of debentures

264 views 1 replies
why is loss on issue of debentures credited to debenture redemption reserve account?
Replies (1)

Loss on issue of debentures should be credited to debenture redemption reserve account because as per SEBI guidelines if Debentures are issued at discount and redeemed at premium the amount of loss should be identifed through DRR only 
 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register