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 : If a debenture of Rs.100 is issued at Rs.105 and is redeemable at Rs.100, securities premium account will be --------

Option 1: Debited by Rs 5

Option 2: Credited by Rs 105

Option 3: Credited by Rs 5

Option 4: Debited by Rs 105

Question : If a debenture of Rs.100 is issued at Rs.95 and is redeemable at Rs.100, then at the time of issue bank account will be debited by

Option 1: Rs 100

Option 2: RS 90

Option 3: Rs 95

Option 4: Rs 110

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