Which of the following can be classified as a borrowed fund?
a) Equity Shares b) Preference Shares c) Retained earnings d) Debentures
Answers
Answered by
0
Answer:
d)debentures.........
Answered by
9
Answer:
d) Debentures is the correct answer.
Explanation:
There is no explanation for the answer.
Extra Information:
1. Debenture is an instrument which is used in companies to borrow money and it is debt which ranged mid to long term .
2. It has a fixed rate of interest.
3. Debenture is like an evidence which tells that a debt is created or is acknowledged.
4. In some other countries , it is also said as bond, loan stock or note.
5. Debenture holder are called creditors of company by which we can say that Debentures are also called as creditorship securities.
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