Discount on the issue of debentures should be shown on the : Options: A . &nbsp As expense in the statement of P&L B . &nbsp Equity & Liabilities side of Balance Sheet C . &nbsp Asset side of Balance Sheet D . &nbsp As Income in the statement of P&L

Discount on the issue of debentures should be shown on the :

Question -

Discount on the issue of debentures should be shown on the :

Options:

A . As expense in the statement of P&L

B . Equity & Liabilities side of Balance Sheet

C . Asset side of Balance Sheet

D . As Income in the statement of P&L

Answer: Option C
:
C

Discount on the issue of debentures should be shown on the asset side of Balance Sheet.

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