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     EduGorilla 
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    What journal entry will take place when a company purchases its own debentures from the open market?

    Options :-

    1. Bank A/c Dr. To Debentures A/c

    2. Own Debentures A/c Dr. To Bank A/c

    3. Bank A/c Dr. To Debenture Application A/c

    4. Own Debentures A/c Dr. To Debenture A/c

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