Question

Discount on debentures is shown in the balance sheet on. (a) Assets side (b) Liabilities side (c) (a) (b) Both (a) & (b) (d) None of these

Answer 1

Ans : Option A

Explanation : Discount on debenture is showed on asset side of balance sheet under the head miscellaneous expenditure .

Discount on issue of debenture is a capital loss where its should be written off over the period of years .

Answer 2

Answer:

Explanation:

debentures wich side liabilities side or asset side