Practicing Success
Practicing Success
CUET Preparation Today
| The Discount on issue of Debentures should be written off out of which of the following? |
Out of Securities Premium Account Out of P and L A/c Both 1 and 2 None of the above |
| Both 1 and 2 |
| The discount on issue of debentures can be written off either by debiting it to Statement of Profit and Loss or out of Securities Premium Reserve A/c, if any, during the life time of debentures. |
