Question

what is debenture suspense account and why is it debited​

Answer 1

Debenture Suspense account is an adjustment account which is prepared at the time of issue of debentures as collateral security. ... They are debited because it is a temporary account created to record Debentures on the credit side and when the loan is repaid, a reverse entry is passed to cancel the debentures issued.

HOPE IT HELP YOU

Answer 2

Debenture Suspense account is an adjustment account which is prepared at the time of issue of debentures as collateral security.

They are debited because it is a temporary account
created to record Debentures on the credit side and when the loan is repaid, a reverse entry is passed to cancel thedebentures issued.

⬆️⬆️⬆️⬆️⬆️

HOPE IT HELPS you

pls Mark me as brainliest ✔✔