हिंदी

Paratigm Ltd. issued ₹ 40,000, 10% Debentures of ₹ 100 each at a discount of 5%, redeemable at a premium. On issue of these debentures 'Loss on Issue of Debentures Account'

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प्रश्न

Paratigm Ltd. issued ₹ 40,000, 10% Debentures of ₹ 100 each at a discount of 5%, redeemable at a premium. On issue of these debentures 'Loss on Issue of Debentures Account' was debited with ₹ 4,00,000. The amount of premium on redemption of debentures was

विकल्प

  • ₹ 4,00,000.

  • ₹ 2,00,000.

  • ₹ 4,40,000.

  • ₹ 20,000.

MCQ
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उत्तर

₹ 2,00,000.

Explanation:

Face value = 40,000 × ₹ 100 = ₹ 40,00,000

Discount @ 5% = ₹ 2,00,000

Loss on Issue = ₹ 4,00,000

Therefore, Premium on Redemption = ₹ 4,00,000 − ₹ 2,00,000 = ₹ 2,00,000.

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अध्याय 9: Issue of Debentures - TEST YOUR KNOWLEDGE [पृष्ठ ९.९०]

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टीएस ग्रेवाल Accountancy Double Entry Book Keeping Volume 1 and 2 [English] Class 12
अध्याय 9 Issue of Debentures
TEST YOUR KNOWLEDGE | Q 12. | पृष्ठ ९.९०
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