a company issued debentures of the face value of ₹100000 at a discount of 6%.The debentures were repayable by annual drawing of ₹20000.How would you deal with the discount of debentures? show the discount account of the company's ledger for the period of duration of the debentures.
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Answer:
100000 × 6/
=1000 × 6
=6000
20000 × 6/
=200 × 6
=1200
6000+1200
=7200
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