Question : If on 1st April 2017, Moon Limited issued 5,000, 8% debentures of Rs.100 each at a discount of 10%. At 10% TDS, what will be the total amount of interest for the year ending 31st March 2018 to be paid to debentures holders?

Option 1: Rs. 40,000

Option 2: Rs. 36,000

Option 3: Rs. 28,800

Option 4: Rs. 32,000
 

Question : If on 1st April 2018, Sunshine Limited issued 5,000, 8% debentures of Rs.100 each at a discount of 10%. What will be the total amount of interest for the year ending 31st March 2019? (TDS is 10% p.a.)

Option 1: Rs. 36,000
 

Option 2: Rs. 32,000
 

Option 3: Rs. 40,000

Option 4: None of the above 

Question : If on 1st April 2018, Sunshine Limited issued 5,000, 8% debentures of Rs.100 each at a discount of 10%. What will be the total amount of interest for the year ending 31st March 2019? (TDS is 10% p.a.)

Option 1: Rs. 36,000
 

Option 2: Rs. 32,000
 

Option 3: Rs. 40,000

Option 4: None of the above 

Question : On 1st April, 2014, a Limited Company issued debentures of the face value of Rs.5,00,000 at a discount of 6%. The debentures were repayable in 5 years by annual drawings of Rs.1,00,000 made on 31st March each year. 

Question:- Amount of discount to be written off at the end of March 31, 2015.
 

Option 1: Rs. 3,000

Option 2: Rs. 1,600

Option 3: Rs. 2,000

Option 4: Rs. 5,000
 

Question : On 1st April, 2014, a Limited Company issued debentures of the face value of Rs.5,00,000 at a discount of 6%. The debentures were repayable in 5 years by annual drawings of Rs.1,00,000 made on 31st March each year. 

Question:- Amount of discount to be written off at the end of March 31, 2015.
 

Option 1: Rs. 3,000

Option 2: Rs. 1,600

Option 3: Rs. 2,000

Option 4: Rs. 5,000