Premium on redemption of debentures is

a) Personal Account

b) Nominal Account

c) Real Account

d) None of the above

Accounting Auditing Cost Accounting Economics

Question added by Shamseer KM , HR Payroll Officer , Al Darwish Engineering W.L.L
Date Posted: 2016/05/12

Upvote (0) Views (5) Followers (2) Answers (2) Report Question

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.

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

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Premium on redemption of debentures is _ a/c.