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Board Question Paper : March 2019 — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountBoard Question Paper : March 20191 Mark
Question
What is meant by debenture discount ?
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Answer

When the company issues debentures at a price which is less than their face value or nominal value, the debentures are said to have been issued at discount and the deducted amount is called discount.

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