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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 2 · Set 1 · Q7

Xiom Ltd. issued $\displaystyle 30,000$, $\displaystyle 12$% debentures of ₹ $\displaystyle 100$ each at a certain rate of discount, redeemable at $\displaystyle 10$% premium after three years. Balance in Securities Premium Account before issuing these debentures was ₹ $\displaystyle 5,00,000$ and after writing off loss on issue of debentures, the balance in Securities Premium Account was ₹ $\displaystyle 50$,000. These debentures were issued at a discount of :

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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.