CA CPT Model Test Paper 13 with solutions for online practice

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Question : 42 of 200

Marks: +1, -0

When debentures are redeemable at different dates, the total amount of discount on issue of debentures should be written off:

Every year by applying the sum of the year's digit method.
Every year by applying the straight line method.
To profit and loss account in full in the year or final or last redemption.
To profit and loss account in full in the year of first redemption.

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