CUET Accountancy - Z Ltd issued 15,000, 12% Debentures of Rs.100 each at a premium of 2% redeemable at a premium of 5% In such case: | PYQs + Solutions

CUET Accountancy 2022 16 July Shift 2

Company Accounts

Medium

Loss on Issue of debentures will be debited by Rs.75,000

Loss on Issue of Debentures will be debited by Rs. 750

Loss on Issue of Debentures will be debited by Rs. 30,000

Premium on Redemption of Debentures will be credited by Rs.15,000

✅ Correct Option: 1

CUET Accountancy 2022 16 July Shift 2 PYQs