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Bachelor of Business Administration (BBA...
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Corporate Accounting
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Own debenture account will appear on the...
Q.
Own debenture account will appear on the …… side of B/S
A.
Liability
B.
asset
C.
both side
D.
none
Answer» B. asset
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According to SEBI guidelines, a Company will have to create debenture redemption reserve equivalent to the amount of the following percentage of debenture issued:
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Profit on re‐issue of forfeited shares will appear on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ side of the balance sheet.
Debenture represents ….of the company
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Loss on issue or discount on issue of debenture is a…..asset
Interest on debenture is -----
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