under which expenses head is loss on issue of debentures shown give reason
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Answer:
Loss on issue of Debentures(only written off value) is to be shown on the head of expense & the sub head of Finance cost on statement of profit & loss (As per Part II , Schedule III of Companies Act 2013).
Explanation:
Loss on issue of debenture is a loss for company and it is amortized within the maturity of debenture. The amortized portion is only shown in here.
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