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Star Ltd. Has 10,000, 9% Debentures of Rs 100 each due for redemption at a premium of 5%. It already has a balance of Rs 1,50,000 in Debentures Redemption Reserve. How much amount Star Ltd. is required to tranfer to Debentures Redemption Reserve ?A. Rs 1,00,000B. Rs 2,50,000C. Rs 10,00,000D. Rs 10,50,000 |
| Answer» Correct Answer - A | |