AT THE TIME OF REDEMPTION OF DEBENTURES.
WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER
THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR
DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE
BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO
"CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
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capital reserve and revenue reserve
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WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL RESERVE?
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Expand-------NAC
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