Multiple Choice
If debentures of the nominal value of Rs. 1,00,000 are issued at discount of 10% for net assets worth Rs. 80,000, the balance of Rs. 10,000 will be debited to:
A) Goodwill Account
B) Capital Reserve Account
C) Profit & Loss Account
D) Suspense account
Correct Answer:
Verified
Correct Answer:
Verified
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