Accountancy, asked by kharatprakash158, 1 month ago

intrest accured due on debenture

Answers

Answered by anchalgupta9727

0

Answer:

Debenture

Explanation:

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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