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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 5 · Set 2 · Q8
Aarav Ltd. issued 10,000, 9% debentures of ₹ 100 each at a premium of 5%, redeemable at a premium of 10%. Loss on issue of debentures account will be…
Aarav Ltd. issued $\displaystyle 10,000$, $\displaystyle 9$% debentures of ₹ $\displaystyle 100$ each at a premium of $\displaystyle 5$%, redeemable at a premium of $\displaystyle 10$%. Loss on issue of debentures account will be debited by :
Dove Ltd. issued $\displaystyle 8,000$, $\displaystyle 11$% debentures of ₹ $\displaystyle 100$ each at a premium of $\displaystyle 5$%. The total amount of interest on Debentures for one year will be :
Official answer
(a) → (B)
(b) → (C)
Marking-scheme solution
(B)
₹$\displaystyle 1,00,000$
OR
Q. (b) Dove Ltd. issued……
Ans. (C) ₹$\displaystyle 88,000$
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.