Debenture redemption reserve ,

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73 Points Posted on 20 November 2021
please tell me whether drr is a appropriation or charge
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On 20 November 2021 at 07:28 Report
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Quick Summary
A Debenture Redemption Reserve (DRR) is an appropriation of profit, not a charge. It's essentially a provision set aside from profits. This reserve is created to ensure funds are available for redeeming debentures when they mature, as stipulated in the agreement with debenture holders.

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GST Practitioner & Accounts
15150 Points Posted on 20 November 2021
Debenture redemption reserve is a appropriation .
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On 20 November 2021 at 07:47
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Professional
1979 Points Posted on 20 November 2021
It's an appropriation of profit...a kind of provision
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On 20 November 2021 at 21:08
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Chartered Accountant
24588 Points Posted on 21 November 2021
It's a provision
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On 21 November 2021 at 05:48
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Profession
28267 Points Posted on 21 November 2021
It is created on account of redeeming debenture after a specified period as per the terms of agreement between the debenture holders and debenture .
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On 21 November 2021 at 07:36

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