CA CPT Model Test Paper 5 with solutions for online practice

Question : 57 of 200

Marks: +1, -0

On 1st April X Ltd. Issued Rs.1,00,000 15% Debentures of Rs. 100 each at 94% redeemable at par as follows:

\table \year \beginning,, \Nominal \value \of \total \debentures \to \be \redeemed ;2,, 10% ;3 ,,20% ;4 ,,30% ;5 ,,40%

The amount of discount to be written off each year assuming that the company closes its accounts on financial year basis is____:

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