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Accountancy · 2024 · 1 mark

CBSE 2024 · Region 4 · Set 1 · Q8

Arnav Ltd. purchased assets worth ₹ $\displaystyle 24,00$,000. It issued $\displaystyle 9$% debentures of ₹ $\displaystyle 100$ each at a discount of $\displaystyle 4$% for payment of the purchase consideration. The number of debentures issued to vendor were :
OR
On 1st May, $\displaystyle 2023$, Amrit Ltd. issued $\displaystyle 10,000$, $\displaystyle 10$% debentures of? $\displaystyle 100$ each at a premium of $\displaystyle 10$% redeemable at a premium of $\displaystyle 10$%. Loss on issue of debentures will be :

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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.