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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 4 · Set 1 · Q12
Amik Ltd. issued 70,000, 9% Debentures of 100 each at a premium of T 5%, redeemable at a premium of 10%. 'Loss on Issue of Debentures Account' will…
Amik Ltd. issued $\displaystyle 70,000$, $\displaystyle 9$% Debentures of $\displaystyle 100$ each at a premium of T $\displaystyle 5$%, redeemable at a premium of $\displaystyle 10$%. 'Loss on Issue of Debentures Account' will be debited in the books of Amik Ltd. by :
Official answer
(B)
₹ $\displaystyle 7,00,000$
Marking-scheme solution
(B)
₹ $\displaystyle 7,00,000$
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CBSE Class 12 Accountancy past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.