Issue of Rs. 1,00,000, 9% debentures of Rs. 100 each at discount of 15% but redeemable at premium of 5%. the amount debited to loss on issue of debenture account is. |
Rs. 20,000. Rs. 15,000. Rs. 19,000. Rs. 12,000. |
Rs. 20,000. |
The correct answer is Option (1) → Rs. 20,000. |