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T.D. Ltd. issued ₹… (Class 12 Accountancy 2026, Q3b)

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AccountancyCBSE Class 12 · Board exam 2026, set 67/1/1 · 1 mark · MCQ

CBSE Class 12 Accountancy 2026: question 3(b)

Set in the CBSE Class 12 board exam of 2026, paper 67/1/1, section A, question 3(b), for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q3(b) · 1 mark · MCQIssue and Redemption of Debentures

T.D. Ltd. issued ₹ 10,00,000, 9% debentures at a discount of 10% redeemable at a certain rate of premium. On issue of these 9% debentures, the premium on redemption of debentures account was credited by ₹ 1,00,000. The amount of 'loss on issue of debentures' was :

  1. (A)₹ 1,00,000
  2. (B)₹ 2,00,000
  3. (C)₹ 3,00,000
  4. (D)Nil

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 67/1/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Two items make up loss on issue here.

Hint 2

Both are ₹ 1,00,000.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Discount on issue = 10% of ₹ 10,00,000 = ₹ 1,00,000. Premium on redemption credited = ₹ 1,00,000.

  2. Loss on issue = discount + premium on redemption = ₹ 2,00,000. Option (B).

    1 mark

Answer: (B) ₹ 2,00,000

Where the marks are

  • Discount plus premium on redemption (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Issue and Redemption of Debentures, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 67/1/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.