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When debentures are issued as collateral security, the final entry for recording the transaction in the books is __________.a)Credit debentures a/c. and debit cash a/c.b)Debit debenture suspense a/c. and credit cash a/c.c)Debit debenture suspense a/c. and credit debentures a/c.d)Debit cash a/c. and credit the loan a/c. for which security is givenCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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Here you can find the meaning of When debentures are issued as collateral security, the final entry for recording the transaction in the books is __________.a)Credit debentures a/c. and debit cash a/c.b)Debit debenture suspense a/c. and credit cash a/c.c)Debit debenture suspense a/c. and credit debentures a/c.d)Debit cash a/c. and credit the loan a/c. for which security is givenCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
When debentures are issued as collateral security, the final entry for recording the transaction in the books is __________.a)Credit debentures a/c. and debit cash a/c.b)Debit debenture suspense a/c. and credit cash a/c.c)Debit debenture suspense a/c. and credit debentures a/c.d)Debit cash a/c. and credit the loan a/c. for which security is givenCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for When debentures are issued as collateral security, the final entry for recording the transaction in the books is __________.a)Credit debentures a/c. and debit cash a/c.b)Debit debenture suspense a/c. and credit cash a/c.c)Debit debenture suspense a/c. and credit debentures a/c.d)Debit cash a/c. and credit the loan a/c. for which security is givenCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of When debentures are issued as collateral security, the final entry for recording the transaction in the books is __________.a)Credit debentures a/c. and debit cash a/c.b)Debit debenture suspense a/c. and credit cash a/c.c)Debit debenture suspense a/c. and credit debentures a/c.d)Debit cash a/c. and credit the loan a/c. for which security is givenCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice When debentures are issued as collateral security, the final entry for recording the transaction in the books is __________.a)Credit debentures a/c. and debit cash a/c.b)Debit debenture suspense a/c. and credit cash a/c.c)Debit debenture suspense a/c. and credit debentures a/c.d)Debit cash a/c. and credit the loan a/c. for which security is givenCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.