When debentures are issued at premium and redeemed at premium, the journal entry will have the following combination :
(A) Discount on issue of debentures account is credited
(B) Loss on issue of debentures account is debited
(C) Security premium account is credited
(D) Premium on redemption of debentures account is credited
Choose the correct answer from the options given below :
1
(A), (B) and (D) only
2
(A), (B) and (C) only
3
(A), (B), (C) and (D)
4
(B), (C) and (D) only