Redemption of Debentures | Company | Accounting
To provide necessary funds for the discharge of debentures, the company may adopt any of the following courses:- 1. By Creation of Debenture Redemption Fund or Sinking Fund 2. Insurance Policy Method. 1. By Creation of Debenture Redemption Fund or Sinking Fund: The ideal method is to set aside every year a certain sum of money by creating a Sinking [...]