Accountancy, asked by AnirudhSinghrawat941, 5 hours ago

What is meant by Issue of Debenture for consideration other than cash​

Answers

Answered by aditirevadkar446
2

Answer:

Debentures can be issued for non-cash considerations. The company may have purchased assets from some vendors or acquired some other business. Then instead of paying cash, the company may issue debentures to such vendors. Such an issue for debentures can be at par, or for a discount or at a premium.

Answered by prakashsarva07
1

Answer:

when the company issue the debenture to vendor against the purchase of asset or purchase of any business

Similar questions