Board Question Paper : May 2021 — Elements of Account STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountBoard Question Paper : May 20211 Mark
Question
What is meant by debenture discount ?
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Answer
When the company issue debentures at a price which is less than their face value or normal value, the debentures are said to have been issued at a discount. The amount so deducted is called debenture discount.
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