Five years ago X Ltd. had issued 12% Debentures of ₹30 lakh (redeemable in six equal annual Installments). These Debentures will be shown in the Balance Sheet of a company under the heading :
CS Executive · Corporate and Management Accounting · PYQS · December 2020
Five years ago X Ltd. had issued 12% Debentures of ₹30 lakh (redeemable in six equal annual Installments). These Debentures will be shown in the Balance Sheet of a company under the heading :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Corporate Accounting
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