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| 1. |
Under which expenses head is loss on issue of debentures shown give reason |
| Answer» LOSS on issue of DEBENTURES(only written off value) is to be shown on the head of expense & the sub head of Finance cost on STATEMENT of profit & loss (As per Part II , Schedule III of Companies Act 2013). Explanation:Loss on issue of debenture is a loss for company and it is AMORTIZED within the maturity of debenture. The amortized portion is only shown in here. | |