+3 votes
in Class 12 by kratos

What is discount on issue of debentures?

1 Answer

+4 votes
by kratos
 
Best answer

When the debentures are issued at a price below its par value or face value, then it is said that the debentures are issued at discount. The difference between the issue price and the face , value of the debenture, is regarded as a capital loss.

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