Question:
Radhya Ltd. issued 5,000, 9% debentures of ₹ 100 each at ₹ 97 per debenture. The 9% debentures account will be credited by :
Radhya Ltd. issued 5,000, 9% debentures of ₹ 100 each at ₹ 97 per debenture. The 9% debentures account will be credited by :
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Debentures A/c is always credited at face value, not issue price.
Updated On: Jul 8, 2025
- ₹ 4,85,000
- ₹ 5,00,000
- ₹ 4,50,000
- ₹ 50,000
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The Correct Option is B
Solution and Explanation
Debentures issued = 5,000 at face value ₹100 each
So, credit 9% Debentures A/c = 5,000 × ₹100 = ₹5,00,000
So, credit 9% Debentures A/c = 5,000 × ₹100 = ₹5,00,000
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