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 on march 31, 2016
 

Option 1: Rs 2,000

Option 2: Rs 1,600
 

Option 3: Rs 1,200

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 on march 31, 2016
 

Option 1: Rs 2,000

Option 2: Rs 1,600
 

Option 3: Rs 1,200

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 5th year 
 

Option 1: Rs 2,000
 

Option 2: Rs 1,600

Option 3: Rs 1,200
 

Option 4: Rs 400

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