Accountancy, asked by gauravborse176, 2 months ago

interest accrued and due on Debentures​

Answers

Answered by thoshithgowda17
0

Answer:

No interest is payable on debentures issued as collateral security. Interest accrued and due on debentures appear under the head 'Secured Loans' or debentures. Interest accrued but not due on debentures appear under the head 'Current Liabilities'.

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