Question

Explain about issue of debentures​

Answer 1

Answer:

Issue of Debentures. ACCOUNTANCY. document issued under the seal of the company. It is an acknowledgment of the loan received by the company equal to the nominal value of the debenture. It bears the date of redemption and rate and mode of payment of interest.

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Answer 2

Answer:

Issue of Debentures. ACCOUNTANCY. document issued under the seal of the company. It is an acknowledgment of the loan received by the company equal to the nominal value of the debenture. It bears the date of redemption and rate and mode of payment of interest.