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This question belongs to Commerce Accounting
Accounting
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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

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Correct Answer: Option A
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