CA CPT Model Test Paper 12 with solutions for online practice

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Question : 2 of 199
 
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A collateral security of 8,000 10% Debentures of Rs.10 each has been issued at a premium of 25% to A in lieu of a loan of Rs. 1,00,000 taken on 1st January, 2006. At the end of the year, interest was paid on:
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