S Ltd. issued 10,000, 12% debentures of ₹100 each at a discount of 5%. These debentures are redeemable at a premium of 10% after 5 years. You are required to show — The loss on issue of debenture account over the period.

CS Executive · Company Accounts & Auditing Practices · PYQS · December 2014
S Ltd. issued 10,000, 12% debentures of ₹100 each at a discount of 5%. These debentures are redeemable at a premium of 10% after 5 years. You are required to show — The loss on issue of debenture account over the period.

Topics: Company Accounts

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