Accounting · Redemption of Debentures
In the Sinking Fund for Redemption of Debentures Account, the amount is set aside and transferred every year from the:
- 1Surplus Account (Profit and Loss Appropriation)✓
- 2Capital Account
- 3Profit and Loss Account
- 4Reserve Account
Correct answer
Surplus Account (Profit and Loss Appropriation)
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