X Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 5% on 1st April, 2015. As per the terms of issue , debentures are to be redeemed at the end of five years . Show the amount of discount to be written off from Statement of Profit and Loss every year.

X Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of

1.	X Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 5% on 1st April, 2015. As per the terms of issue , debentures are to be redeemed at the end of five years . Show the amount of discount to be written off from Statement of Profit and Loss every year.
Answer» X Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 5% on 1st April, 2015. As per the terms of issue , debentures are to be redeemed at the end of five years . Show the amount of discount to be written off from Statement of Profit and Loss every year.

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X Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 5% on 1st April, 2015. As per the terms of issue , debentures are to be redeemed at the end of five years . Show the amount of discount to be written off from Statement of Profit and Loss every year.

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