Question : When all of the bonds are redeemed, the remaining funds in the bond sinking fund account can be transferred to:

Option 1: Bond A/c

Option 2: Sinking Fund Investment A/c

Option 3: Capital Redemption Reserve A/c

Option 4: General Reserve A/c

Question : After redeeming the debentures, in part or total outstanding debentures, amount of DRR relating to debentures redeemed is transferred to-------

Option 1: Capital Reserve

Option 2: General Reserve 

Option 3: Capital Redemption Reserve

Option 4: Securities Premium Reserve

Question : Before the redemption of debentures.Amount is set aside to ---------------------

Option 1: Debenture Redemption Reserve Account

Option 2: Sinking Fund Account

Option 3: Both 1 and 2

Option 4: None of the above

Question : Choose the correct statement

Option 1: DRR should be transferred to General Reserve after each redemption proportionately.

Option 2: DRR can be transferred to General Reserve after all the debentures have been redeemed.

Option 3: Both 1 and 2 

Option 4: None of the above

Question : Investment fluctuating reserve will be transferred to ----------------account at the time of dissolution.

Option 1: cash account

Option 2: partner's capital account

Option 3: investment account

Option 4: partner's loan account.

Question : Investment fluctuating reserve will be transferred to ----------------account at the time of dissolution.

Option 1: cash account

Option 2: partner's capital account

Option 3: investment account

Option 4: partner's loan account.