On 1 st January 2000, Exe Ltd. issued 2,20,000, 9% debentures at a discount of 5% repayable
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On 1st January 2000, Exe Ltd. issued ₹2,20,000, 9% debentures at a discount of 5% repayable as follows:
Calculate the amount of discount to be written off in each of the three years.
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Face value of debentures 220000 Discount rate 5 Interest rate 9 Repayment schedule 40000 on 31122000 ...View the full answer
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