Electronics Ltd. issued 10,000, 6% Debentures of Rs. 100 each at a premium of Rs. 10. It will credit 6% Debentures Account by
A. Rs. 11,00,000.
B. Rs. 10,00,000.
C. Rs. 9,00,000.
D. Rs. 8,00,000.
Answer:B
Electronics Ltd. issued 10,000, 6% Debentures of Rs. 100 each at a premium of Rs. 10. It will credit 6% Debentures Account by
A. Rs. 11,00,000. B. Rs. 10,00,000. C. Rs. 9,00,000. D. Rs. 8,00,000.