Question 4 of 16
Q.Debenture is
(a) own capital.
(b) current liabilities.
(c) loan capital.
(d) none of these.
West Bengal WbchseWBCHSE West Bengal HS (Class-12) Commerce Board 2016MCQ· 1mImportance★★★★★est
25% · 4/16 Questions
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Start your 14-day free trial to unlock the full solution →The correct option is (c) loan capital.
This WBCHSE HS (West Bengal Class-12) Accountancy MCQ tests the nature of a debenture. A debenture is an acknowledgement of a debt issued by a company; its holder is a creditor (not a member/owner) and receives a fixed rate of interest that is a charge agai …
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