Accountancy, asked by dhruvibarana23, 13 hours ago

On which type of debentures interest coupons are attached ?

Answers

Answered by ocanadaslie01
1

Answer:

Bearer debentures are payable to the bearer and are transferable by mere delivery. They are negotiable instruments, and the company keeps no records in respect of them. Interest coupons are attached to them and interest is paid to a person who produces the coupons.

Explanation:

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