Advertisements
Advertisements
प्रश्न
Hari Aggarbatti Ltd. issued 50,000, 8% Debentures of ₹ 100 each at a discount of 5% and redeemable at a premium. Loss on Issue of Debentures was written off ₹ 5,00,000 from Securities Premium and Statement of Profit & Loss. What is the premium payable per debenture on redemption?
पर्याय
₹ 10.
₹ 15.
₹ 5.
₹ 20.
MCQ
Advertisements
उत्तर
₹ 5.
Explanation:
- Total Debentures Issued: 50,000
- Face Value: ₹ 100
- Discount on Issue per Debenture: 5% of 100 = ₹ 5
- Total Discount on Issue: 50,000 × 5 = ₹ 2,50,000
The "Loss on Issue of Debentures" account combines both the discount given at the time of issue and the premium payable at the time of redemption.
- Total Loss on Issue (Given): ₹ 5,00,000
- Total Premium on Redemption: Total Loss on Issue − Total Discount on Issue
- Total Premium on Redemption = 5,00,000 − 2,50,000 = ₹ 2,50,000
To find the premium payable per debenture on redemption, divide the total premium amount by the number of debentures:
Premium of Debenture = `(2,50,000)/(50,000) = ₹ 5`
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
