Which A/c is credited for the transfer of interest on Debenture Redemption Fund Investment?

Debenture Redemption Fund A/c

The correct answer is option 1- Debenture Redemption Fund A/c.

Debenture Redemption Fund A/c is credited.

THE FOLLOWING JOURNAL ENTRY IS PASSED FOR THE TRANSFER OF INTEREST-

Interest on Sinking Fund Investment A/C......Dr.
           To Sinking Fund A/C

So, here Debenture Redemption Fund A/c is credited.