Name the head under which ‘Discount on Issue of Debentures’ appear – InterviewSolution

1.	Name the head under which ‘Discount on Issue of Debentures’ appears in the Balance Sheet of a company.
Answer» As we know that Discount on Issue of debentures is a capital loss and it will be written off out of the profit of coming years, Therefore, it is shown on the Assets side of the Balance Sheet under the heading of “Miscellaneous Expenditures” until it is written off.

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