WebSimply put, a debenture is an agreement made between a borrowing company and a lender. It confirms that the loan is secured against the company’s assets. Then, the debenture is registered at Companies House, so it’s an official record. This means that if it fails, the lender will get their money back. The debenture is intended to protect ... WebMar 18, 2024 · Debentures Outside the United States. In other parts of the world, the term “debenture” is used differently. In Great Britain, a debenture is simply a term for long …
Debentures comes under which head in tally - Brainly.in
WebFeb 10, 2024 · Question 22. (a) Name the sub-heads under the head ‘Current Liabilities’ in the Equity and Liabilities part of the Balance Sheet as per Schedule III of the Companies Act 2013. (b) State any two objectives of Financial Statements Analysis. (CBSE Sample Paper 2015) Answer: (a) Current Liabilities: Short Term Borrowings. WebWe show the Interest Accrued (whether due or not) on debentures is under the head ‘Current Liabilities,’ and sub-head ‘Other Current Liabilities’ Solved Question For You On … teak wood gray stain
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WebMar 28, 2024 · Sales Account. All types of Sales Accounts like. Sales Local 12 % (Registered) Sales Interstate 12%. Sales Local Nil Rated. Sales … WebIt issued debentures of Rs. 100 each at a discount of 4% in full satisfaction of the purchase consideration. The number of debentures issued to vendor is. a) Rs. 30,000. b) Rs.32,000. c) Rs.35,000. d) None of the options. Answer: Rs. 30,000 . Question: Discount on issue of debentures is shown under the following head in the Balance Sheet WebThe debenture is intended to protect the lender if the business goes under. However, should they fail to register the debenture at Companies House within 21 days, it can be more … southside barber shop smithfield nc