Beta Ltd. issued Rs. 30,00,000, 9% debentures of Rs. 100 each at a discount of 6% on
1.4.2013, redeemable at 5% premium by draw of lots in following manner:
Rs. 15,00,000 debentures on 31.03.2014
Rs. 10,00,000 debentures on 31.03.2015
Rs. 5,00,000 debentures on 31.03.2016
Calculate the amount of loss to be written off each year and draw loss on issue of
debenture account.
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