Joint Stock Company Accounts : Redemption of Debenture
ICSE · Class 12 · Accountancy
All formulas from Joint Stock Company Accounts : Redemption of Debenture in ICSE Class 12 Accountancy. Key equations, constants, and identities for board exam preparation.
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Formulas
Debenture Redemption Reserve
DRR >= 25% of the amount of debentures issued
DRR >= 100% of debentures issued
Proportionate amount of DRR = (Amount of DRR / Amount of Debentures issued) x Amount of Debentures Redeemed
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