The graph of f(x) = x2 lies in:
A Ltd company issued 9% Debentures of the face value of Rs 6,00,000 at a discount of 5% on 1st April, 2011. The debentures are repayable by annual drawing of Rs 2,00,000 commercing from the end of 4th year.
Show the 'Discount on Issue of Debentures A/c', in the company's ledger for the period of duration of debentures. Accounts are closed on 31st March each year.