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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 3 · Q12
On 1st April, 2024, MM Ltd. issued 4,000, 9% Debentures of 50 each at a premium of 5%, redeemable at a premium of 10 per debenture after five years.…
On 1st April, $\displaystyle 2024$, MM Ltd. issued $\displaystyle 4,000$, $\displaystyle 9$% Debentures of $\displaystyle 50$ each at a premium of $\displaystyle 5$%, redeemable at a premium of $\displaystyle 10$ per debenture after five years. Interest on the debentures was to be paid on half-yearly basis on 30th September and 31st March. Interest on debentures for the year ended 31st March, $\displaystyle 2025$ will be :
Official answer
(C)
₹ $\displaystyle 18,000$
Marking-scheme solution
(C)
₹ $\displaystyle 18,000$
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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.