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Premium on redemption of debentures account appearing in the balance sheet is _______________.
  • a)
    A real account
  • b)
    A nominal account-income
  • c)
    A personal account
  • d)
    A nominal account – expenditure
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Premium on redemption of debentures account appearing in the balance s...
Premium on Redemption of Debentures is personal account and it is a liability of the company which is payable on redemption.
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Community Answer
Premium on redemption of debentures account appearing in the balance s...
D) A nominal account
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Premium on redemption of debentures account appearing in the balance sheet is _______________.a)A real accountb)A nominal account-incomec)A personal accountd)A nominal account – expenditureCorrect answer is option 'C'. Can you explain this answer?
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Premium on redemption of debentures account appearing in the balance sheet is _______________.a)A real accountb)A nominal account-incomec)A personal accountd)A nominal account – expenditureCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Premium on redemption of debentures account appearing in the balance sheet is _______________.a)A real accountb)A nominal account-incomec)A personal accountd)A nominal account – expenditureCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Premium on redemption of debentures account appearing in the balance sheet is _______________.a)A real accountb)A nominal account-incomec)A personal accountd)A nominal account – expenditureCorrect answer is option 'C'. Can you explain this answer?.
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