A company issues 1000 9% debentures of ₹100 each at a premium of 5% and redeemable at a premium of 10%. The amount of loss on issue of debentures account will be:

₹10000

Bank A/c Dr.                                                            ₹105000
          To Debenture Application & Allotment A/c                    ₹105000
(Receipt of application money)

Debenture Application & Allotment A/c Dr.                                          ₹105000
Loss on Issue of Debentures A/c Dr. (with premium on redemption)  ₹10000
    To Debentures A/c (with nominal value of debenture)                                      ₹100000
    To Securities Premium Reserve A/c (with premium on issue)                             ₹5000
    To Premium on Redemption of Debentures A/c (with premium on redemption)  ₹10000