English

When does Loss on Issue of Debentures arise?

Advertisements
Advertisements

Question

When does Loss on Issue of Debentures arise?

Very Short Answer
Advertisements

Solution

Loss on Issue of Debentures arises when debentures are issued at a discount and are redeemable at a premium. It represents a capital loss to the company, as the company receives less and repays more than the face value.

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Company Accounts - Issue of Debentures - SHORT ANSWER QUESTIONS [Page 7.54]

APPEARS IN

D. K. Goel Accountancy Part 1 and 2 [English] Class 12 ISC
Chapter 7 Company Accounts - Issue of Debentures
SHORT ANSWER QUESTIONS | Q 20. | Page 7.54
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×