X.Ltd issued 15% , 50,000 debentures of Rs.100 each at 10% premium, which are redeemable at 20%premium after 10 years. The loss on issue of debentures to be written off every year will be ______

Question

Examsnet · Accepted Answer

Correct Answer is : Rs.1,00,000

CA CPT 2014 Dec Question Paper Fundamentals of Accounting for online practice