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Sitara co. Issued Rs.400000 5% debebntures on 1st January 2020. The market rate of interest applicable on this date was 16% per anum. Identify the

Sitara co. Issued Rs.400000 5% debebntures on 1st January 2020. The market rate of interest applicable on this date was 16% per anum. Identify the interest to be written of to the profit and loss account in the year ended 31 Dec 2021

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