Objective type questions-Answer in are sentence only-What is meant by lsquo-Premium on Redemption of debentures-

When the debentures are repaid by paying a price that is more than their face value it is known as lsquo;redemption of debentures at a premium rsquo;. ...

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Standard XII

Accountancy

Issued at Premium and Redeemed at Par

Objective typ...

Question

Objective type questions.
Answer in are sentence only.

What is meant by ‘Premium on Redemption of debentures?

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Solution

When the debentures are repaid by paying a price that is more than their face value it is known as ‘redemption of debentures at a premium’.

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Objective type questions. Answer in are sentence only. What is meant by ‘Premium on Redemption of debentures?

When the debentures are repaid by paying a price that is more than their face value it is known as ‘redemption of debentures at a premium’.

Objective type questions.
Answer in are sentence only.

What is meant by ‘Premium on Redemption of debentures?