Discussion Forum : Issue And Redemption Of Debentures
Question -
By what amount Bank A/c is to be credited while redemption when 10,000 debentures of Rs. 100 each are isued at premium of Rs. 20 and to be redeemed at par ?
Answer: Option C
:
C
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:
C
Redemption amount to be credited to Bank A/c = Rs. 10,000 * 10 = Rs. 10,00,000
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