Debentures Questions

Which of the following transactions involve issuing debentures for a consideration other than cash?(A) Issued to a bank as additional/collateral security(B) Issued to a vendor for asset purchase(C) Issued to the general public for subscription(D) Issued to a creditor to settle outstanding dues(E) Issued for cash via public offerChoose the correct answer from the options given below:

AB & Co. purchased assets worth $\text{Rs. }28,80,000$ from a vendor. The company issued debentures of $\text{Rs. }100$ each at a discount of $4\%$ in full satisfaction of the purchase consideration. Calculate the number of debentures issued to the vendor.

XYZ Ltd. operates in the FMCG sector in the South Indian market. To expand into Northern India, the company raises an additional capital of $\text{Rs. }20,00,000$. It raises $\text{Rs. }12,00,000$ by issuing $10\%$ Debentures of $\text{Rs. }100$ each at a discount of $10\%$, redeemable after $6$ years. The remaining funds are raised by issuing perpetual $5\%$ Debentures of $\text{Rs. }8,00,000$ of $\text{Rs. }100$ each at a $15\%$ premium. After six years of successful operations, the company takes a loan of $\text{Rs. }5,00,000$ from PNB, pledging $5\%$ Debentures of $\text{Rs. }8,00,000$ as collateral security. The loan is fully repaid within two years.When a company records the issue of debentures as collateral security using the journal entry method, what amount should be debited to the "Debenture Suspense Account"?

XYZ Ltd. operates in the FMCG sector in the South Indian market. To expand into Northern India, the company raises an additional capital of $\text{Rs. }20,00,000$. It raises $\text{Rs. }12,00,000$ by issuing $10\%$ Debentures of $\text{Rs. }100$ each at a discount of $10\%$, redeemable after $6$ years. The remaining funds are raised by issuing perpetual $5\%$ Debentures of $\text{Rs. }8,00,000$ of $\text{Rs. }100$ each at a $15\%$ premium. After six years of successful operations, the company takes a loan of $\text{Rs. }5,00,000$ from PNB, pledging $5\%$ Debentures of $\text{Rs. }8,00,000$ as collateral security. The loan is fully repaid within two years.When issuing the $10\%$ debentures of $\text{Rs. }12,00,000$ at a $10\%$ discount, what amount should be debited to the "Discount on Issue of Debentures A/c" if all money is received in a single installment?

XYZ Ltd. operates in the FMCG sector in the South Indian market. To expand into Northern India, the company raises an additional capital of $\text{Rs. }20,00,000$. It raises $\text{Rs. }12,00,000$ by issuing $10\%$ Debentures of $\text{Rs. }100$ each at a discount of $10\%$, redeemable after $6$ years. The remaining funds are raised by issuing perpetual $5\%$ Debentures of $\text{Rs. }8,00,000$ of $\text{Rs. }100$ each at a $15\%$ premium. After six years of successful operations, the company takes a loan of $\text{Rs. }5,00,000$ from PNB, pledging $5\%$ Debentures of $\text{Rs. }8,00,000$ as collateral security. The loan is fully repaid within two years.The $5\%$ debentures of $\text{Rs. }8,00,000$ ($\text{Rs. }100$ face value) were issued at a $15\%$ premium. The payment terms are $\text{Rs. }25$ on application, $\text{Rs. }50$ on allotment, and $\text{Rs. }40$ on the first and final call. Calculate the total amount credited to the "Securities Premium Account".

XYZ Ltd. operates in the FMCG sector in the South Indian market. To expand into Northern India, the company raises an additional capital of $\text{Rs. }20,00,000$. It raises $\text{Rs. }12,00,000$ by issuing $10\%$ Debentures of $\text{Rs. }100$ each at a discount of $10\%$, redeemable after $6$ years. The remaining funds are raised by issuing perpetual $5\%$ Debentures of $\text{Rs. }8,00,000$ of $\text{Rs. }100$ each at a $15\%$ premium. After six years of successful operations, the company takes a loan of $\text{Rs. }5,00,000$ from PNB, pledging $5\%$ Debentures of $\text{Rs. }8,00,000$ as collateral security. The loan is fully repaid within two years.What are debentures that are perpetual in nature and have no fixed maturity date for repayment called?

XYZ Ltd. operates in the FMCG sector in the South Indian market. To expand into Northern India, the company raises an additional capital of $\text{Rs. }20,00,000$. It raises $\text{Rs. }12,00,000$ by issuing $10\%$ Debentures of $\text{Rs. }100$ each at a discount of $10\%$, redeemable after $6$ years. The remaining funds are raised by issuing perpetual $5\%$ Debentures of $\text{Rs. }8,00,000$ of $\text{Rs. }100$ each at a $15\%$ premium. After six years of successful operations, the company takes a loan of $\text{Rs. }5,00,000$ from PNB, pledging $5\%$ Debentures of $\text{Rs. }8,00,000$ as collateral security. The loan is fully repaid within two years.How are the $10\%$ debentures (repayable after $6$ years) classified based on their redemption terms?

From Coupon Rate Point of view, Debentures are classified into:

Discount on Issue of Debentures:A. Is not a capital gainB. Can be written off in any yearC. Can be written off from securities premium ReserveD. Can be written off from General ReserveChoose the correct answer from the options given below:

When the number of Debentures applied for is more than the number of debentures offered to the public, the issue is said to be:

Loss on issue of Debenture is a _______

Blue Prints Ltd. purchased a building worth $\text{Rs. }1,50,000$, machinery worth $\text{Rs. }1,40,000$, and furniture worth $\text{Rs. }10,000$ from XYZ Co., and took over its liabilities of $\text{Rs. }20,000$ for a total purchase consideration of $\text{Rs. }3,15,000$. Blue Prints Ltd. settled the purchase consideration by issuing $12\%$ debentures of $\text{Rs. }100$ each at a premium of $5\%$. The number of debentures issued is:

When debentures are issued at par and are redeemable at a premium, the extra amount payable at redemption is recorded at the time of issue by debiting which account?

Match List-I with List-II:List-IList-II(A) Unregistered Debentures(I) Perpetual Debentures(B) Unsecured Debentures(II) Naked Debentures(C) Secured Debentures(III) Bearer Debentures(D) Irredeemable Debentures(IV) Mortgage DebenturesChoose the correct answer from the options given below:

Which of the following is not a way of issuing debentures?

Select the pair which is true about debentures:(A) Debenture is a part of owned capital.(B) The payment of interest on debentures is a charge on the profits of the company.(C) The debentures cannot be issued at a discount of more than 10% of the face value.(D) Redeemable debentures are those debentures, which are payable on the expiry of the specific period.Choose the correct answer from the options given below:

Match List-I with List-II:List-IList-II(A) Redeemable Debentures(I) The debentures which can be transferred by way of delivery and the company does not keep any record of the debentures(B) Convertible Debentures(III) These debentures are issued with a specified rate of interest(C) Specific Coupon Rate Debentures(III) Which are convertible into equity shares or in any other security either at the option of the company or the debentureholders(D) Bearer Debentures(IV) Which are payable on the expiry of the specific period either in lump sum or in instalments during the life time of the company.Choose the correct answer from the options given below:

If a company issue Rs. 1,00,000, 9% debentures of Rs. 100 each at discount of 5% but redeemable at premium of 5% then what amount will be debited to Loss on Issue of Debentures Account?

Match List-I with List-II:List-IList-II(A) Debenture of Rs 100 issued at Rs 110(I) Debenture as collateral security(B) Debenture of Rs 100 issued at Rs 100(II) Debenture issued at Premium(C) Debenture of Rs 100 issued at Rs 90(III) Debenture issued at par(D) Debenture issued to the lender in addition to some other assets already pledged(IV) Debenture issued at DiscountChoose the correct answer from the options given below:

A debenture which is transferable merely by physical delivery is a:

Match List-I with List-IIList-I (Debenture Type)List-II (Meaning)(A) Redeemable Debenture(I) Payable on the expiry of the specific period either in lump sum or in installments during the lifetime of the company.(B) Perpetual Debenture(II) Company does not give any undertaking for the repayment of money borrowed by issuing such debentures.(C) Specific Coupon Rate Debenture(III) Issued with a specified rate of interest, which is called the coupon rate.(D) Bearer Debenture(IV) Can be transferred by way of delivery and the company does not keep any record of the debenture.Choose the correct answer from the options given below:

Which of the following statements about debentures is FALSE?(A) Debenture is a part of owned capital.(B) Debentures cannot be converted into shares.(C) Redeemable debentures are those debentures, which are payable on the expiry of the specific period.(D) Debentures cannot be issued at a premium.Choose the correct answer from the options given below:

ABC Industries Ltd. issued $2,000$, $10\%$ Debentures of $\text{Rs. }100$ each, at a premium of $\text{Rs. }10$ per debenture payable as follows: On application $\text{Rs. }50$ On allotment $\text{Rs. }60$. The debentures were fully subscribed, and all money was duly received. The amount of long-term borrowings on the balance sheet will be:

Debentures can be issued at:(A) Par(B) Premium(C) Discount(D) Transaction valueChoose the correct answer from the options given below:

Match List-I with List-II:List-I (Particulars)List-II (Treatment)(A) Issue of debentures as collateral security(I) Vendor Account will be credited(B) Issue of debentures to Public(II) Debenture Suspense Account will be debited(C) Issue of debentures to vendor for purchase of an Asset(III) Statement of Profit and Loss will be debited(D) Writing off Discount/Loss on Issue of Debentures(IV) Bank Account will be debitedChoose the correct answer from the options given below:

The debentures which are payable on the expiry of the specific period are:

From the point of view of Tenure, debentures can be classified into which of the following types?(A) Redeemable Debentures(B) Non-Convertible Debentures(C) Perpetual Debentures(D) Registered DebenturesChoose the correct answer from the options given below:

To write off a Discount on the Issue of Debentures, which of the following journal entries is recorded?

Which of the following will be included in the journal entry when debentures are issued to a vendor at a discount for a purchase consideration other than cash?(A) % Debenture A/c is credited(B) Vendor A/c is debited(C) Discount on Issue of Debenture A/c is debited(D) Securities Premium Reserve A/c is creditedChoose the correct answer from the options given below:

Convertible debentures cannot be issued at a discount if:

The following journal entry appears in the books of X Co. Ltd.Bank A/c Dr. 4,75,000Loss on issue of debenture A/c Dr. 75,000To 12% Debentures A/c 5,00,000To Premium on Redemption of Debenture A/c 50,000In this case the debentures have been issued at a discount of 5% . What is the rate of premium on redemption of debentures?

Debenture Application & Allotment A/c Dr. 95,000Loss on Issue of Debentures A/c Dr. 10,000To 9% Debenture A/c 1,00,000To Premium on Redemption of Debentures A/c 5,000On the basis of the above entry, determine the rate of discount at which Rs. 1,00,000, 9% debentures of Rs. 100 each were issued if they were to be redeemed at a premium of 5%.

General conditions regulate the issue and redemption terms of debentures. Which of the following issue/redemption scenarios is NOT standard or valid in accounting practice?

A company issues $\text{Rs. }1,00,000$, $9\%$ debentures of $\text{Rs. }100$ each at a discount of $15\%$, but redeemable at a premium of $5\%$. The total amount debited to the 'Loss on Issue of Debentures Account' is:

Discount on issue of 8% debentures (to be written off within 12 months from the reporting date) is shown in the balance sheet as:

In the case of __________ the difference between the nominal value and the issue price is treated as the amount of interest related to the duration of the debentures.

The following are the features of a Debenture:(A) Debentures can be converted into shares if the terms of issue are so provided, and in that case these are known as convertible debentures.(B) Debentures are generally secured and carry a fixed or floating charge over the assets of the company.(C) The rate of interest on debentures may vary from year to year depending upon the profits of the company.(D) The debentures are issued for a specified period and repayable on the expiry of that period.Choose the correct answer from the options given below:

When debentures are issued at par and are redeemable at a premium, the loss on such issue is debited to :

Which among the following debentures are the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures. Interest on the debentures is paid to a person who produces this interest coupon attached to such debentures?

Issue of $8\%$ debentures is shown under which sub-head in the balance sheet of a company:

The following are the features of Debentures:(A) The payment of interest is a charge on profits and is to be paid even if there is no profit.(B) The debentures, which are issued for a specified period are repayable on the expiry of that period.(C) If the debentures are generally secured, they carry a fixed or floating charge over the assets of the company.(D) Debentures can not be converted into shares in any case.Choose the correct answer from the options given below:

Discount on the issue of $8\%$ debentures is presented under which head in the balance sheet?

Choose the correct statement from the options given below:

Debenture Suspense Account is presented in the balance sheet as:

X Limited Issued $10,000$, $12\%$ debentures of $\text{Rs. }100$ each payable $\text{Rs. }40$ on application and $\text{Rs. }60$ on allotment. The public applied for $14,000$ debentures. Applications for $9,000$ debentures were accepted in full, applications for $2,000$ debentures were allotted $1,000$ debentures and the remaining applications were rejected. All money was duly received. The $12\%$ Debenture Application A/c will be credited with:

Perpetual Debentures are also known as:

Match List-I with List-IIList-I (Type of Debenture)List-II (Explanation)(A) Secured Debentures(I) These debentures do not have a specific charge on the assets of the company.(B) Irredeemable Debentures(II) These debentures are those which are payable on the expiry of the specific period either in lump sum or in installments during the lifetime of the company.(C) Unsecured Debentures(III) It refers to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.(D) Redeemable Debentures(IV) These debentures are repayable on the winding-up of a company or on the expiry of a long period.Choose the correct answer from the options given below:

A company has issued 10% Debentures of Face Value of Rs. 5,00,000 as Collateral Security against Rs. 6,00,000, 12% Bank Loan. What amount of total interest will be paid by company for the whole year?

Match List-I with List-II:List-IList-II(A) These debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.(I) Bearer Debentures(B) These debentures are those which are payable on the expiry of the specific period either in lump sum or in installments during the lifetime of the company.(II) Zero Coupon Rate Debentures(C) These debentures do not carry a specific rate of interest.(III) Redeemable Debentures(D) These debentures can be transferred by way of delivery and the company does not keep any record.(IV) Secured DebenturesChoose the correct answer from the options given below:

Perpetual Debentures are also known as :-

Which of the following are the correct statements regarding debentures/debenture interest?(A) The payment of interest on debentures is a charge on the profits of the company.(B) Redeemable debentures are those debentures which are payable on the expiry of the specific period.(C) Debentures cannot be converted into shares.

Suvidha Ltd. purchased machinery worth $\text{Rs. }1,98,000$ from Suppliers Ltd. The payment was made by issue of $12\%$ debentures of $\text{Rs. }100$ each. How many debentures will be issued at a $10\%$ discount?

Which is not a type of Debenture :-

An issue of Rs. $1,00,000$, $9\%$ debentures of Rs. $100$ each is made at a discount of $15\%$ but redeemable at a premium of $5\%$. The amount debited to the "Loss on Issue of Debentures Account" is:

According to section _______ of The Companies Act, 2013 'Debenture' includes debenture stock, bonds and any other securities of a company whether constituting a charge on the assets of the company or not.

After the debentures are redeemed, the balance in the Sinking Fund Account is transferred to:

Rancho Ltd. was running successfully since last 8 years. Post covid there were some financial problems faced by firm, like many industries were facing. Due to their past reputation they could manage the permission from SEBI for issuing of shares on 1 Aug, 2022. They also decided to issue $12\%$ Debentures of Rs. $100$ each at $10\%$ Discount and were to be redeemed at $25\%$ premium in such a way that they could arrange fund of Rs. $45,00,000$. At the time of issue of Debenture they also issued equity Share of Rs. $30,00,000$ at $20\%$ premium.Determine the number of Debentures to be issued.

Redemption of Debenture can be done by many ways. Identify the wrong option.

Read the following facts about shares and debentures.(A) Both shares and debentures can be issued by a company for raising long term funds.(B) Both shares and debentures can be issued for consideration other than cash.(C) Both shares and debentures can be issued at premium(D) Debentures can be converted into shares and shares can be converted into debentures(E) Dividend is paid on shares and debentures bothChoose the correct answer from the options given below:

Identify those debentures out of the following options on which no explicit interest will be paid or provided by the company.

On 1st July 2022, Centaur Ltd. issued $\text{Rs. }25,00,000$, $8\%$ debentures of $\text{Rs. }100$ each as collateral security to First Level Bank against loan dues of $\text{Rs. }20,00,000$. How much net liability amount on account of this transaction will be shown in the main final figures of the Balance Sheet?

X Ltd. purchased assets from Y Ltd. for ₹98,10,000. X Ltd. issued 12% Debentures of ₹100 each at a 10% discount against the payment. The number of debentures issued to Y Ltd. is:

Z Ltd. issued 15,000, 12% Debentures of ₹100 each at a premium of 2% redeemable at a premium of 5%. In such a case:

The following journal entry is recorded in the books of RST Ltd. on issue of debentures: Bank a/c Dr 18,00,000Loss on issue of Debentures a/c Dr 6,00,000To 14% Debentures 20,00,000To Premium on Redemption of Debentures 4,00,000Debentures have been issued at a discount of:

Debenture holders are:

When own debentures are cancelled, any profit on cancellation is transferred to:

Rancho Ltd. was running successfully since last 8 years. Post covid there were some financial problems faced by firm, like many industries were facing. Due to their past reputation they could manage the permission from SEBI for issuing of shares on 1 Aug, 2022. They also decided to issue $12\%$ Debentures of Rs. $100$ each at $10\%$ Discount and were to be redeemed at $25\%$ premium in such a way that they could arrange fund of Rs. $45,00,000$. At the time of issue of Debenture they also issued equity Share of Rs. $30,00,000$ at $20\%$ premium.What will be the amount of premium on Redemption of Debentures.

The money received from applicants to whom no debentures have been allotted will be ________

The company purchased plant with a book value of Rs. $1,90,000$ from National Victory Company and agreed to pay via issuing $2000$, $10\%$ Debentures of Rs. $100$ each at a discount of $5\%$.Amount that will be credited to $10\%$ Debenture A/c will be:

Match List I with List II

Choose the correct answer from the options given below:

Blue Prints Ltd. purchased a building worth Rs. $1,50,000$, Machinery worth Rs. $1,40,000$ and Furniture worth Rs. $10,000$ from XYZ Co. and took over its liabilities of Rs. $20,000$ for a purchase consideration of Rs. $3,15,000$.Calculate the Goodwill/Capital Reserve to be recorded by Blue Print Ltd.

Which A/c is credited for transfer of interest on Debenture Redemption Fund Investment?

Identify the methods of Redemption of Debenture from the following.(A) By conversion into shares or new debenture(B) Purchase in open market(C) Sinking fund(D) Payment in instalments(E) Payment in lump-sumChoose the correct answer from the options given below :

When debentures are issued at premium with the term of redeeming them at par. The amount of premium received at the time of issue will be:

Match List I with List IILIST I: Basis of DebentureA. TenureB. Interest rate point of viewC. SecurityD. BearerLIST II: Types of DebentureI. Zero coupon rateII. IrredemableIII. RegistrationIV. SecuredChoose the correct answer from the options given below:

What are different types of debentures from the view point of registration A. ConvertibleB. BearerC. RedeemableD. SecuredE. Registered Choose the correct answer from the options given below:

Romi Ltd. purchased building worth Rs. $1,50,000$ machinery worth Rs. $1,40,000$ and furniture worth Rs. $10,000$ from xyz co. and took over its liabilities of Rs. $20,000$ for a purchase consideration of Rs. $3,15,000$. They paid the purchase consideration by issuing $12\%$ debentures of Rs. $100$ each at a premium of $5\%$. What will be the number of debentures issued by Romi Ltd.

The following journal entry appears in the books of X Co. Ltd.:
$$\begin{array}{llcc}\text{Bank A/c}& \text{Dr.}& 4,75,000& \\ \text{Loss on issue of debenture A/c}& \text{Dr.}& 75,000& \\ \text{To }12\%\text{ Debentures A/c}& & & 5,00,000\\ \text{To Premium on Redemption of Debenture A/c}& & & 50,000\end{array}$$
Based on this entry, the debentures have been issued at a discount rate of:

Based on the case study details provided, what is the actual number of debentures issued by XYZ Ltd. to Blue Prints Ltd. under the specified premium conditions?

Based on the case study details provided, when XYZ Ltd. pays out the purchase consideration via the allotment of debentures, the vendor account (Blue Prints Ltd. Account) will be:

Based on the case study details provided, how many debentures would XYZ Ltd. need to issue if the $12\%$ debentures (face value $\text{Rs. }100$ each) were issued at par instead of at a premium?

Based on the case study provided, which specific account—and with what amount—must be debited at the time XYZ Ltd. records the acquisition of the business?

Calculate the amount of yearly interest payable on $9\%$ debentures ($10,000$ debentures of Rs. $100$) issued as collateral security.

Match the specific debenture categories in List-I with their operational meanings outlined in List-II:List-IList-II(A) Unsecured Debentures(I) These debentures are issued with a specified rate of interest.(B) Redeemable Debentures(II) These debentures do not have a specific charge on the assets of the company.(C) Specific Coupon Rate Debentures(III) These are those which are payable on the expiry of a specific period either in lump sum or in instalments during the life-time of the company.(D) Bearer Debentures(IV) The debentures which can be transferred by way of delivery and the company does not keep any record of the debentures.Choose the correct answer from the options given below:

Match List-I with List-IIList-IList-II(A) Secured Debentures(II) Debentures where a charge is created on the assets of the company for the purpose of payment in case of default.(B) Unsecured Debentures(IV) Debentures do not have a specific charge on the assets of the company.(C) Redeemable Debentures(I) Which are payable on the expiry of the specific period either in lump sum or in instalments during the life time of the company.(D) Irredeemable Debentures(III) These debentures are repayable on the winding-up of a company or on the expiry of a long period.Choose the correct answer from the options given below:

Which combination of following statements are Incorrect (False) about debentures-(A) Debenture is a part of owned capital.(B) The payment of interest on debentures is a charge on the profits of the company.(C) The debentures cannot be issued at a discount of more than 10% of the face value.(D) Debentures cannot be converted into shares.(E) Redeemable debentures are those debentures, which are payable on the expiry of the specific period.Choose the correct answer from the options given below:

ABC Ltd. issued $3,000$, $14\%$ Debentures of $\text{Rs. }100$ each at a discount of $5\%$ on April 1, 2023. What is the total discount amount on the issue of these debentures?

When debentures are issued at a discount, under which of the following types is the difference between their nominal value and the issue price explicitly treated as the total amount of interest over their tenure?

G.S. Rai company ltd. purchased assets of the book value of Rs. 98,000 from another firm. It was agreed that purchase consideration be paid by issuing 11% debentures of Rs. 100 each. Assume debentures have been issued at discount of 20%Identify the number of debentures issued by the company to the vendor

When debentures are issued at par and are redeemable at a premium, the premium payable on redemption is debited to which account at the time of issue?

$X$ Co. Ltd. purchased assets worth Rs. $28,80,000$. It issued debentures of Rs. $100$ each at a discount of $4\%$ in full satisfaction of the purchase consideration. The number of debentures issued to vendors is:

Which of the following debentures do not have a specific charge on the assets of the company?

Which of the following statements are wrong about debentures?(A) Debenture is a part of owned capital.(B) The debentures cannot be issued at a discount of more than 10% of the face value.(C) Debentures cannot be converted into shares.(D) Redeemable debentures are those debentures, which are payable on the expiry of a specific period.Choose the correct answer from the options given below:

Debentures are convertible into which of the following?

Which of the following combinations for the issue and redemption of debentures is not practically possible or permissible in general accounting?

Rancho Ltd. was running successfully since last 8 years. Post covid there were some financial problems faced by firm, like many industries were facing. Due to their past reputation they could manage the permission from SEBI for issuing of shares on 1 Aug, 2022. They also decided to issue $12\%$ Debentures of Rs. $100$ each at $10\%$ Discount and were to be redeemed at $25\%$ premium in such a way that they could arrange fund of Rs. $45,00,000$. At the time of issue of Debenture they also issued equity Share of Rs. $30,00,000$ at $20\%$ premium.Interest payable on the Debentures issued for the year ended Mar, 31st 2023 will be:

Rancho Ltd. was running successfully since last 8 years. Post covid there were some financial problems faced by firm, like many industries were facing. Due to their past reputation they could manage the permission from SEBI for issuing of shares on 1 Aug, 2022. They also decided to issue $12\%$ Debentures of Rs. $100$ each at $10\%$ Discount and were to be redeemed at $25\%$ premium in such a way that they could arrange fund of Rs. $45,00,000$. At the time of issue of Debenture they also issued equity Share of Rs. $30,00,000$ at $20\%$ premium.Debentures that will be redeemed only at the time of winding up of the company are known as:

Rancho Ltd. was running successfully since last 8 years. Post covid there were some financial problems faced by firm, like many industries were facing. Due to their past reputation they could manage the permission from SEBI for issuing of shares on 1 Aug, 2022. They also decided to issue $12\%$ Debentures of Rs. $100$ each at $10\%$ Discount and were to be redeemed at $25\%$ premium in such a way that they could arrange fund of Rs. $45,00,000$. At the time of issue of Debenture they also issued equity Share of Rs. $30,00,000$ at $20\%$ premium.How much amount is to be debited in statement of profit and Loss to write off loss on Issue of Debentures?