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Show the relevant accounts ignoring brokerage and interest

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Reference no: EM131538000

Question: A company's Debenture Redemption Account shows a balance of £19,000 represented by £20,000 (nominal) invested in securities. The balance on the Debentures Account is £25,000 and the company sells £15,000 (nominal) securities at par to redeem £12,500 (nominal) debentures at 101. Show the relevant accounts ignoring brokerage and interest.

Reference no: EM131538000

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