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Amount raised by a company by debenture is loan or capital?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

It is a loan on which interest is paid at a specified rate.



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Previous PostWhy are irredeemable debentures also known as perpetual debentures? (C.B.S.E. Sample Paper. 20I8).
Next PostWhat is the nature of Interest on Debentures?

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