Sarthaks APP
0 votes
in Accounts by (64.1k points)

Discount on issue of debentures is shown under the following head in the Balance Sheet 

(a) Profit and loss account 

(b) Miscellaneous expenditure 

(c) Debentures account

1 Answer

0 votes
by (106k points)
selected by
Best answer

(b) Miscellaneous expenditure

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.