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Adwitya Ltd. issued Rs. 20,000 15% debentures at a discount of 10%, redeemable after 15 yearat a premium of 5%. Loss on issue of debentures will be(a) Rs. 2,000(b) Rs. 1,000(c) Rs. 3,000(d) None of the above |
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Answer» Answer: 2000 Explanation: PREMIUM not TREATED as a LOSS INITIALLY..
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