Question

Malhotra Jewellery Ltd. issued 30 Lakh, 9% Debentures of 3200 each at 2194 on April 1, 2010 redeemable at premium of 5% as follows : 12 Lakh Debentures on March 31, 2015 6 Lakh Debentures on March 31, 2016 Balance Debentures on March 31, 2017 Compute the amount of discount/loss on issue of debentures to be written off each year and also prepare the loss on issue of debentures account.
What is the floor was not dirty?​

Answer 1

Answer:

the amount of discount/loss on issue of debentures is rupees4580

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

the amount of discount/loss on issue of debentures is rupees4580