what is the meaning of buying own debentures by the company in open market?
Buying of Own Debentures in the Open Market means Purchase of Own Debentures by the Company from the market for the motive;
1. For Investment
2. For Cancellation
However ,this topic is explicitly covered in the Study Material for Class XII on our website. To view, please follow the path given below:
Accountancy - Study Material - Chapter-2 (named as Issue and Redemption of Debentures)- Lesson-11(names as Redemption of Debentures by Purchase in the Open Market) - Topic- Redemption of Debentures by Purchase in the Open Market.
1. For Investment
2. For Cancellation
However ,this topic is explicitly covered in the Study Material for Class XII on our website. To view, please follow the path given below:
Accountancy - Study Material - Chapter-2 (named as Issue and Redemption of Debentures)- Lesson-11(names as Redemption of Debentures by Purchase in the Open Market) - Topic- Redemption of Debentures by Purchase in the Open Market.