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When debentures are issued at premium with the term of redeeming them at par, the amount of premium received at the time of issue will be:
(a)Debited to premium on Redemption of Debenture A/C
(b)Credited to Premium on Redemption of Debentures A/C
(c)Debited to Securities Premium Reserve A/C
(d)Credited to Securities Premium Reserve A/C

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Important Questions on Issue and Redemption of Debentures
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Arrange the following in the correct sequence in the context of debenture:
(A) Payment to debenture-holders
(B) Creation of DRR (Debenture Redemption Reserve)
(C) Issue of debentures
(D) Redemption becomes due
Choose the correct answer from the options given below:

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