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प्रश्न
Harsh Ltd. issued 1,00,000, 8% Debentures of ₹ 100 each at certain rate of premium and to be redeemed at 10% premium. At the time of writing off Loss on Issue of Debentures, Statement of Profit & Loss was debited with ₹ 4,00,000. At what rate of premium, these debentures were issued?
पर्याय
10%
16%
6%
4%
MCQ
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उत्तर
6%
Explanation:
Premium on redemption = ₹ 1,00,00,000 × 10% = ₹ 10,00,000.
Since ₹ 4,00,000 is charged to Statement of Profit & Loss, ₹ 6,00,000 is adjusted against Securities Premium.
Therefore, issue premium rate = `(₹6,00,000)/(₹1,00,00,000) × 100 = 6%`.
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