Answer Posted / h.r. sreepada bhagi
A type of debt instrument that is not secured by physical
asset or collateral. Debentures are backed only by the
general creditworthiness and reputation of the issuer.
In other words a debenture is a document that either creates
a debt or acknowledges it. The term is used in corporate
finance for a medium to long-term debt instrument used by
large companies to borrow money. In some countries the term
is used interchangeably with bond, loan stock, note, etc.
Debentures are generally freely transferable by the
debenture holder. Debenture holders have no voting rights
and the interest paid to them is a charge against profit in
the company's financial statements.
Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?
How do you classify errors in accounting?
What is customer account?
What are control ledgers? What are the purposes of maintaining it?
Define offset accounting?
WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method
Tell us depreciation and its types?
Tell me what is trial balance in accounting?
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
Tell me what is gaap?
What are the 4 phases accounting?
Do you know what is liabilities and what all does include in current liabilities?
what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok