Accountancy, asked by cutiegoonz, 1 month ago

Can someone tell me which companies balance sheet contains details for its issue of debentures.

Answers

Answered by Anonymous
150

If the Company has issued the Debentures and they are to be redeemed after one year, then they are shown under Non-Current Liabilities in the Balance Sheet. If the Company has issued the Debentures and they are to be redeemed within one year, then they are shown under Current Liabilities in the Balance Sheet.

Debenture Interest for the year (paid or outstanding) is an expense for the business and is shown in the Income Statement. Any Debenture Interest that is outstanding is also shown under Current Liability in the Balance Sheet.

Answered by jaswasri2006
0

Debentures are shown in the balance sheet of the company under the item Secured loans. Debentures are usually secured against the assets of the company. In case of debentures they are not secured by providing a collateral or security.

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