During the year 2018-19, a company redeemed its 10% debenture of ₹8,00,000 at 10% premium and after some time a fresh issue was made of new 10% debenture of ₹7,50,000 at a premium of 25%. The net cash flow from debenture
CS Executive · Corporate and Management Accounting · PYQS · December 2019
During the year 2018-19, a company redeemed its 10% debenture of ₹8,00,000 at 10% premium and after some time a fresh issue was made of new 10% debenture of ₹7,50,000 at a premium of 25%. The net cash flow from debenture would be :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Financial Accounting
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