Wye Ltd issued 10,000, 12% Debentures of Rs 100 each at a Rs 10 Premium, redeemable at a 10% premium. How much amount will be debited to Loss on the issue of Debenture account?

₹1,20,000 ₹2,00,000 ₹1,00,000 None of these

₹1,00,000

"Premium on Redemption = 10% of 10,00,000 = 1,00,000 Loss on issue of Debentures"