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| The balance of ‘Sinking Fund Account’ after the redemption of debentures is transferred to which account? |
Profit & Loss Account Profit & Loss Appropriation Account General Reserve Account Sinking Fund Account |
| General Reserve Account |
| The balance of the Debentures Sinking Fund after redemption of debentures is transferred to the General Reserve account. It is the amount which is kept separately out of redeemed amount from debentures, that is why it is transferred to the general reserve account. |
