CBSE 2025 · Region 4 · Set 1 · Q14

Shivalik Ltd. issued $\displaystyle 7$% debentures of $\displaystyle 2$ $\displaystyle 100$ each at a discount of $\displaystyle 5$% on 1st April, 2023. Discount on issue of debentures, ₹ $\displaystyle 1,00,000$ was completely written off through Statement of Profit and Loss on 31st March, $\displaystyle 202$ 4. On issue of debentures, 'Debentures Account' was credited with ____________.

OR

Keya Ltd. issued $\displaystyle 2,00,000$, $\displaystyle 8$% debentures of $\displaystyle 100$ each at $\displaystyle 10$% $\displaystyle 5$ discount on 1st April, 2023. Interest is payable half-yearly on 30th September and 31st March every year. Interest written off on 31st March, $\displaystyle 2024$ was :