CA CPT Dec 2016 Question Paper Fundamentals of Accounting for online practice

Question : 54 of 58

Marks: +1, -0

P Ltd. Issued 20,000, 12% debentures of Rs.10 each, which are redeemable after 5 years at apremium of 20%.The amount of loss on redemption of debentures to be written off everyyear=?