LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Drr

paban (student) (29 Points)

08 February 2016

Is Debenture Redemption Reserve is really utilise for redemption of debentures?

Reply
Follow
Share

4 Replies

SHINY (CA Final Student) (699 Points)
Replied 09 February 2016

Yes, DRR(Debenture Redemption Reserve) comes under Revenue Reserves & this reserve is a Statutory Reserve(Requirement of Law/AS). So ofcourse it is utilized for Redemption of Debentures.

paban (student) (29 Points)
Replied 09 February 2016

Thanks, kindly go on detail.

manisha (cs) (1118 Points)
Replied 09 February 2016

https://www.moneylife.in/site/userimage/image/1362658902_requirement-chart.png go for more detail

Neeraj Sharma (Accountant) (285 Points)
Replied 11 February 2016

Drr is created for redemption of debentures .. after redemption it will transfer to general reserve

Recent Topics

More recent discussions | Post

Related Threads

Popular Discussion

Start a New Discussion

Trending Online Classes

"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"

CA Vishal Zawar

Enroll Now

01 May 2024
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)

CA Arun Chhajer

Enroll Now

27 April 2024
5th Live Batch for Basic and Advanced MS Excel

CA Vishal Zawar

Enroll Now

20 May 2024

view all classess

Subscribe to the latest topics :

Search Forum:

Forum Home

Popular Threads

Drr