Hemant Ltd. issued 10,000-12% debentures of Rs. 100 each at Rs. 94 on 1 Jan, 2014. Under the term of issue 1/5th of the debentures are redeemed annually. First redemption on 31/12/14, calculate discount to be written off in 2017.

Hemant Ltd. issued 10,000-12% debentures of Rs. 100 each at Rs. 94 on

1.	Hemant Ltd. issued 10,000-12% debentures of Rs. 100 each at Rs. 94 on 1 Jan, 2014. Under the term of issue 1/5th of the debentures are redeemed annually. First redemption on 31/12/14, calculate discount to be written off in 2017.
A.	Rs. 8,000
B.	Rs. 16,000
C.	Rs.20,000
D.	Rs. 12,000
Answer» B. Rs. 16,000