A company issued 10,000 12% Debentures of Rs 100 each at 20% Premium. Applications received for 8,000 Debentures. All the applications were accepted and debentures were allotted. What amount will be shown on the company's Balance Sheet as 12% Debentures?

₹96,000 ₹10,00,000 ₹12,00,000 ₹8,00,000

₹8,00,000

8,000 * 100 = ₹8,00,000 *Security Premium will be shown in the Reserves and Surplus heading.