Target Exam

CUET

Subject

Accountancy Part A

Chapter

Issue and Redemption of Debentures

Question:

Debetures of Rs. 5,00,000 is issued at a discount of 10% and redeemable at a premium of 10%. What will be the loss on issue of debentures?

Options:

Rs. 50,000

Rs. 1,00,000

Rs. 45,000

Rs. 95,000

Correct Answer:

Rs. 1,00,000

Explanation:

The correct answer is Option (2) → 

Rs. 1,00,000