No. Debenture is a form of liability for a business.
debenture is a loan to company and its face value will be higher moreover it carries fixed interest which is charge against profits.so there is no chance from the side of debenture holder for non payment of calls after repeated notices from the company. from the view point of company it cannot forfiet a debenture and treat it as a capital profit because they are not owners is this explanation coreect for that question?
I presume you meant debenture, a debenture is a long term loan taken out by a business
Type your answer here... debenture, which is secured and redeemable and which is non convertible in future is called secured redeemable non convertable debenture
With a debenture, a company can hold a debt with another. A debenture is a loan agreement where there is no collateral or assets involved. It is based on the promise and credit history of the company that it will be paid back.
A term debenture have value of Rs.100/-(fore one debenture).thus the value of 100000 debenture is equal to 10 crore.The interest will be Rs.800000/- per year
Loss on sale of debenture is a loss and like all loss accounts it has debit balance as normal balance.
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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
Issue of the zero interest debenture does not carry any explicit rate of interest.The difference between th face value and the purchase price is the return to the investor(lender).
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