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Premium on redemption of debentures is _ a/c.

a) Personal Account

b) Nominal Account

c) Real Account

d) None of the above

Accounting Auditing Cost Accounting Economics
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Question added by Shamseer KM , Accounts and Admin Payroll , KBM Group
Date Posted: 2016/05/12
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Shameer Nazir Madari
by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)

Premium on Redemption of Debentures is

a) personal account

 

and it is a liability of the company which is payable on redemption.

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

wait more details from our experts

 

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