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Deep Ltd issued 1, 00,000 7% debenture of ` 100 each at a disc | Corporate Accounting MCQ

Deep Ltd issued 1, 00,000 7% debenture of ` 100 each at a discount of 4% redeemable after 5 years at a premium of 6%. Loss on issue of debentures is:
Anonymous Quiz
22%
` 4,00,000
25%
` 6,00,000
48%
` 10,00,000
5%
`16,00,000
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