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Isn't debenture redemption a revenue reserve?
Q. 12 me purchase return is not debited but credited. So ans is b option. Am I correct pls reply.
It is shown as minus entry on Debit side. That's why it is in debit side and not in credit side.
Can I get the pdf of the questions??
![Accounting Standards (AS) - Learn by [STORY METHOD]](http://i.ytimg.com/vi/V7OdejfiyzM/mqdefault.jpg)
Isn't debenture redemption a revenue reserve?
Q. 12 me purchase return is not debited but credited. So ans is b option. Am I correct pls reply.
It is shown as minus entry on Debit side. That's why it is in debit side and not in credit side.
Can I get the pdf of the questions??