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What do you mean by Bearer Debenture?

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Debentures that are transferable by mere delivery are known as bearer debentures. The name and address of the holder of a bearer debenture is not registered with the company. Interest on such debentures is paid only to those holders who produce interest coupons attached with these debentures.

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Chapter 11: Company Accounts Part - 2 (Accounting for Debentures) - Exercise 1 [Page 372]

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Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 11 Company Accounts Part - 2 (Accounting for Debentures)
Exercise 1 | Q 2 | Page 372

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