Redemption of debentures

Accountancy

As mentioned in C que deb issed at premium of 5 percent.is redemption of deb premium of 10 percent calculated on issed deb(inclusion of 5% premium)or the face value ?

Ujwal Reddy

CA Inter

★ 7K+

05-Sep-23 12:14

497

Answers (4)

Premium on redemption is calculated only on face value irrespective of whether issue was at discount,par or at premium. Thanks

Aswin Chandar

CA Final

★ 40K+

05-Sep-23 12:48

ANy premium or discount is on face value - at issue or redemption unless the question states othewise.

CA Suraj Lakhotia

Admin

05-Sep-23 12:49

Aswin Chandar

Premium on redemption is calculated only on face value irrespective of whether issue was at discount,par or at premium. Thanks

Thread Starter

Ujwal Reddy

CA Inter

★ 7K+

05-Sep-23 13:30

CA Suraj Lakhotia Admin

ANy premium or discount is on face value - at issue or redemption unless the question states othewise.

Tq sir

Thread Starter

Ujwal Reddy

CA Inter

★ 7K+

05-Sep-23 13:30