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What is the nature of debenture interest? - Accounts

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प्रश्न

What is the nature of debenture interest?

अति संक्षिप्त उत्तर
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उत्तर

Interest on debentures is treated as a charge against the profits of the company. It is payable at a fixed rate and must be paid even when the company incurs a loss or does not earn enough profit.

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पाठ 7: Company Accounts - Issue of Debentures - SHORT ANSWER QUESTIONS [पृष्ठ ७.५३]

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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 11. | पृष्ठ ७.५३
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