A company issued Rs. 1,00,000 worth of $$7\frac{1}{2}\% $$ Debentures of Rs. 100 each at a discount of 5%. These debentures are repayable after 10 years in a lum-sum at a premium of 5%. The amount of loss on issue of debentures to be written-off each year will be
A. Rs. 1,000
B. Rs. 5,000
C. Rs. 500
D. Rs. 1,500
Answer: Option A
This Question Belongs to Commerce >> Accounting
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