A company issue of 12%, 100000 debentures of ₹ 100 each at 10% discount and redeemable at a premium of 5%. Calculate the amount of loss on issue of debenture.
CS Executive · Corporate and Management Accounting · PYQS · December 2024
A company issue of 12%, 100000 debentures of ₹ 100 each at 10% discount and redeemable at a premium of 5%. Calculate the amount of loss on issue of debenture.
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Debentures
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