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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 1 · Set 3 · Q10
If 600 shares of ₹ 10 each, issued at a premium of ₹ 1 per share are forfeited on which ₹ 8 per share (including premium) have been called and ₹ 6…
If $\displaystyle 600$ shares of ₹ $\displaystyle 10$ each, issued at a premium of ₹ $\displaystyle 1$ per share are forfeited on which ₹ $\displaystyle 8$ per share (including premium) have been called and ₹ $\displaystyle 6$ per share (including premium) have been paid, then 'Share Forfeiture Account' will be by .
T.D. Ltd. issued ₹ $\displaystyle 10,00,000$, $\displaystyle 9$% debentures at a discount of $\displaystyle 10$% redeemable at a certain rate of premium. On issue of these $\displaystyle 9$% debentures, the premium on redemption of debentures account was credited by ₹ $\displaystyle 1,00$,000. The amount of 'loss on issue of debentures' was :
Official answer
(a) → (A)
(b) → (B)
Marking-scheme solution
(A)
credited, ₹$\displaystyle 3,000$
OR
Q. (b) T.D. Ltd. issued ₹$\displaystyle 10,00,000$, $\displaystyle 9$% debentures…
Ans. (B) ₹$\displaystyle 2,00,000$
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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.