Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Issue and Redemption of Debentures

Question:

Suvidha Ltd. purchased machinery worth Rs.1,98,000 from Suppliers Ltd. The payment was made by issue of 12% debentures of Rs.100 each. How many debentures will be issued at a 10% discount?

Options:

3,200 debentures

1,900 Debentures

1,800 Debentures

2,200 debentures

Correct Answer:

2,200 debentures

Explanation:

The correct answer is Option (4) → 2,200 debentures