Accountancy, asked by antonioaron8082, 2 days ago

Discount on Debentures in one word

Answers

Answered by hvchatur
0

Explanation:

Discount on issue of debentures is a capital loss and over a period of 3 to 5 years or is charged to “Securities Premium Account” as per the guidelines issued by ICAI. The discount on issue of debentures can be written-off either by debiting it to profit and loss or to securities premium account.

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