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Issued 4,000, 12% debentures of ₹ 100 each at a premium of 4%, redeemable at a
Accountancy
Company Accounts - Issue of Debentures
Question
Updated
19 Aug 2026
Issued 4,000, 12% debentures of ₹ 100 each at a premium of 4%, redeemable at a premium of 10%. In such a case ______.
A
Choose Your Answer
A
Loss on Issue will be debited by ₹ 24,000.
B
Loss on Issue will be debited by ₹ 56,000.
C
Loss on Issue will be debited by ₹ 40,000.
D
Premium on Redemption will be credited by ₹ 24,000.
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