Accountancy > Accounting For Companies > Issue Of Debentures
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RG Ltd. issued 5,000, 10% debentures of ₹ 100 each at a discount of 5%, redeemable at a certain rate of premium. On issue of these debentures, 'Loss on issue of debentures account' was debited with ₹ 75,000. The amount of discount on issue of debentures was:
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