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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 5 · Set 1 · Q11
Paratigm Ltd. issued 40,000, 11% debentures of 100 each at a discount Q of 5%, redeemable at a premium. On issue of these debentures 'Loss on Issue…
Paratigm Ltd. issued $\displaystyle 40,000$, $\displaystyle 11$% debentures of $\displaystyle 100$ each at a discount Q of $\displaystyle 5$%, redeemable at a premium. On issue of these debentures 'Loss on Issue of Debentures Account' was debited with ₹ $\displaystyle 4,00$,000. The amount of premium on redemption of debentures was :
Official answer
(B)
₹ $\displaystyle 2,00,000$
Marking-scheme solution
(B)
₹$\displaystyle 2,00,000$
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.