Discount on issue of debentures is a :

CS Executive · Corporate and Management Accounting · PYQS · June 2021
Discount on issue of debentures is a :
(A) Revenue loss to be charged in the year of issue
(B) Capital loss to be written off from capital reserve
(C) Capital loss to be written off over the tenure of the debentures
(D) Capital loss to be shown as goodwill

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Corporate Accounting

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