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What is Redeemable debt
Company will have to re-pay the debt at redemption date or between the two redemption dates (i.e. 20X5/20X9, means debt can be redeemed any time between 20X5 and 20X9). If Company is having cash flow problems, then users of the accounts will need to know when debt will be repaid.
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Question : (a) A company wants to purchase a plant for its expanding operations. The desired plant is available at Rs 300,000 in cash. Alternatively, the company has the option
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