Premium received on issue of debentures may be utilised for ........

General Accounting Principles Accounting For Debentures

Premium received on issue of debentures may be utilised for

in issuing bonus shares

Writing off preliminary expenses

For writing off premium allowed on redemption of debentures

For All of the above

Premium received on issue of debentures may be utilised for the following:

Issuing fully paid bonus shares to the members.
Writing off preliminary expenses.
Writing off the expenses of or the commission paid or discount allowed on any issue of shares or debentures of the company.
Providing for the premium payable on the redemption of preference shares or debentures of the company.
In purchasing its own shares