Accountancy, asked by vyshnavp, 9 months ago

Treatment of defence bond in an NPO

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Answered by avengersanirudh

6

Answer:

Defence Bonds: These are the debt securities issued by the government at the time of War. It is an emotional appeal by the government to the citizen of its country to lend government their money. These bonds offers rate of return below the market rate.

Explanation:

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