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What is meant by issue of debentures as purchase consideration? - Accounts

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What is meant by issue of debentures as purchase consideration?

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उत्तर

When a company purchases an asset like land, a building, or machinery and, instead of paying cash, issues debentures to the vendor as payment, it is called ‘Issue of Debentures as Purchase Consideration.’

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पाठ 7: Company Accounts - Issue of Debentures - SHORT ANSWER QUESTIONS [पृष्ठ ७.५४]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 7 Company Accounts - Issue of Debentures
SHORT ANSWER QUESTIONS | Q 19. | पृष्ठ ७.५४
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