Intrest received on company Debentures is ____
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Answer:
Mahindra and Mahindra was the First Company in India to issue convertivle zero Interest Debentures in January 1990
Explanation:
As we have learned that debentures are an important tool for a company to raise finances and capital without giving away too much equity. Debentures are the primary instrument of debt used by companies around the world. Here we will be learning two more aspects of the accounting of debentures – terms of issue and interest on debentures.
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1
Answer:
The charge against the profit of a company.
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