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On 1st April 2012, Z Ltd. issued Rs. 10,00,000, 10% Debentures of Rs. 100 each at 94% redeemable at par. The debentures are to be redeemed by drawings method in the following manner:

Year end 2nd 3rd 4th 5th
Nominal value of debentures to be Redeemed 10% 20% 30% 40%


Calculate the amount of discount on issue of debentures to be written off each year.

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