Accountancy, asked by PratyakshVyas5203, 11 months ago

On 1st April 2012, Z Ltd. issued ₹ 10,00,000, 10% Debentures of ₹ 100 each at 94% redeemable at par. The debentures are to be redeemed by drawings method in the following manner:
Calculate the amount of discount on issue of debentures to be written off each year.

Answers

Answered by shobhakamble362
0

Answer:

drawings method in the following manner:

Calculate the amount of ....

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Answered by kingofself
0

Explanation:

workings - 10% Debenture of 100 each will be redeemed from 2nd to 5th year

Discount will be = 10,00,000 x 6/100 = 60,000

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