Issue and Redem...

Capital redemption reserve account is prepared when ___________.

Debenture premium cannot be used to _________________.

Debenture Redemption Premium Account is a -

Which of the following is not true about Debenture Redemption Reserve(DRR)?

If preference share are redeemed at premium, then such premium may be provided out of the ____________. 

Preference share to be redeemed $$Rs. 2,00,000$$ at a premium of $$5$$%. Shares issued of $$Rs. 1,00,000$$ at a premium of $$10$$%. The amount to be transferred to capital redemption reserve is _________. 

A retail store sold gift certificates that are redeemable in merchandise. The gift certificates lapse one year after they are issued. How would the deferred revenue account be affected by each of the following?
1. Redemption of certificates

Debentures cannot be redeemed out of :

The Debenture Redemption Reserve account appears on the liability side of the balance sheet under the head ___________.

Debentures can be redeemed _____________.