Question : If a debenture of Rs.100 is issued at Rs.106 and is redeemable at Rs.110, at the time of issue of debentures. The Bank account will be debited by

Option 1: Rs 100

Option 2: Rs 106

Option 3: Rs 110

Option 4: Rs 94

Question : If a debenture of Rs.100 is issued at Rs.106 and is redeemable at Rs.110, at the time of issue of debentures.  

Loss on the issue of debentures account will be -------

Option 1: Debited by Rs 16

Option 2: Debited by Rs 10

Option 3: Credited by Rs 10

Option 4: Debited by Rs 6

Question : If a debenture of Rs.100 is issued at Rs.106 and is redeemable at Rs.110, at the time of issue of debentures 

A securities premium account will be:

Option 1: Debited by Rs 6

Option 2: Debited by Rs 10

Option 3: Credited by Rs 10

Option 4: Credited by Rs 6

Question :  If a debenture of Rs.100 is issued at Rs.98 and is redeemable at Rs.105,

 Debentures account  will be credited by ---------

Option 1: Rs 98

Option 2: Rs 105

Option 3: Rs 100

Option 4: Rs 110

Question :

R Ltd. issued 10,000, 12% Debentures of Rs. 100 each at a discount of 5%. Discount on issue of debenture account will be ----------. Debenture account credited by --------

Option 1: Debited by Rs 50,000, Debentures credited by 10,00,000

Option 2: Credited by Rs 50,000 debentures account credited by 10,00,000

Option 3: Debited by Rs 50,000 Debentures account credited by Rs 9,50,000

Option 4: None of the above