English

Debentures issued as collateral security will be ______ to Debenture Suspense Account. -

Advertisements
Advertisements

Question

Debentures issued as collateral security will be ______ to Debenture Suspense Account.

Options

  • debited

  • credited

  • sometimes debited and sometimes credited

  • None of these

MCQ
Fill in the Blanks

Solution

Debentures issued as collateral security will be debited to Debenture Suspense Account.

Explanation:

The Debenture Suspense Account will be debited for debentures issued as collateral security.

shaalaa.com
Issue of Debentures for Consideration Other than Cash
  Is there an error in this question or solution?
Advertisements
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×