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As 13 Investment accounting

Accountancy

On purchase of debentures on cum-interest Is Brokerage on Percentage is computed after reducing interest portion?


Mile s

Mile s

CA Final

250

27-Feb-24 10:08

265

Answers (3)

Yes


Brokerage is always calculated on face value of debentures ie 100rs


Abhishek Sahu

Abhishek Sahu

CA Inter

1K+

27-Feb-24 12:48

On transaction price


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

27-Feb-24 13:36

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