what is debentures

Answer Posted / dr lama

debenture creates ability to obtain goods or services of a
customer before payment, and based on trust that the payment
will be maid in future with a fix interested permonth. and
at the time of transaction, the lender and the borrower sign
a deal paper regarding the payment system and the lender
keep some thing (equivalent to the borrow money, though it
not ture all the time) as an assurance of principle money
that lender'll give to the borrower.

and this particular paper or dealing paper called the
Debenture/unsecured bond/Debenture bond. and it is
transferable. and lender can sale this to another company or
another individual.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

1810


what are the uniform public construction cost accounting act procedures?

1534


Which document should be attached with purchse & sales invoice?

1508


I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code

1682


How do you manage the sales account in tally

1587






WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1707


why should the company give first perference to the perference shareholders?

2011


---------is the main or principle book of accounts

1392


Short Answer on _________Commerce

1418


Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09

1850


During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1508


Short Answer on -----Trade mark

1476


WHAT IS CORPORATE ACTION?

1623


Distinguish value andPrice

1438


Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

1755