If for example a company obtains a secured loan or overdraft facility from its bank, the latter is likely to insist that the company seals the banks standard form of debenture creating the charge and giving the bank various safeguards and powers
it is a document that serve as evidence of a debenture for a debenture share holder
it is a document that serve as evidence of a debenture for a debenture share holder
what is debenture
No. Debenture is a form of liability for a business.
Noninvertible debenture
NO,debenture holder is the creditor of the company
what is an all assets debenture
Interest A\c Dr Accured debenture Cr
Debenture Suspense is adjustment account which is prepared at the time of issue of debenture as collateral security to record the collateral issue.
I presume you meant debenture, a debenture is a long term loan taken out by a business
After redemption of debentures, debenture redemption reserve is to be transferred to general reserve.
Type your answer here... debenture, which is secured and redeemable and which is non convertible in future is called secured redeemable non convertable debenture