Question

or 2015, Nimrat Ltd. issued 20,000, 10% Debentures of * 100 at * 71 each
lustration 40.
1st October, 2017
ble at par as follows:
edeemable at
3,000 Debentures;
31st March, 2017
On 31st March, 2018
On 31st March, 2019
5,000 Debentures;
6,000 Debentures;
6,000 Debentures.
On 31st March, 2020
int will be written off each year by the company?
How much discount will be written off each year by the company​

Answer 1

Answer:

Bank A/C Dr. - 2000000

TO DEBENTURE A/C - 2000000