In case of redemption in instalments, discount is spread _______.
None of these
Bank a/c
Debentureholders a/c
Debentures a/c
In case of redemption in instalments, discount is spread on the basis of amounts outstanding in the beginning of the year.
In case of redemption in installments, the discount is spread _____________________.
Pilot Company has issued 80,000 10% Debentures of Rs.100 each at discount of 10%. These are redeemable at par. How much amount shall be paid to debentureholders at the time of redemption.?
The journal entry for Premium on redemption of debentures while transfer to debentureholders-