[ISC] Q. 42 solution of Issue of Debentures TS Grewal Class 12 (2022-23)
Solution of Question number 42 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2022-23 session?
A company issued 15,000, 10% Debentures of ₹ 100 each on 1st April, 2018 at a discount of 6% redeemable at par by drawing method as follows:
Date of Redemption | Amount of Redemption (Face Value) |
31st March, 2020 31st March, 2021 31st March, 2022 | ₹ 5,00,000 ₹ 5,00,000 ₹ 5,00,000 |
Calculate the amount of discount which should be transferred to the Statement of Profit & Loss.
![](https://commerceschool.in/wp-content/uploads/2022/09/q42-1-1024x250.webp)
Solution:-
![](https://commerceschool.in/wp-content/uploads/2022/09/1-152-1024x327.webp)
plz add Answers for 42 to 49
Ok, updating