Accountancy > Accounting For Companies > Issue Of Debentures
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Paratigm Ltd. issued 40,000, 11% debentures of ₹100 each at a discount of 5%, redeemable at a premium. On issue of these debentures 'Loss on Issue of Debentures Account' was debited with ₹4,00,000. The amount of premium on redemption of debentures was:
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