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Loss on issue of debentures is treated as ___________.
  • a)
    Intangible asset
  • b)
    Current asset
  • c)
    Current liability
  • d)
    Other non-current asset
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Loss on issue of debentures is treated as ___________.a)Intangible ass...
Correct option is D)
Loss on issue of debentures eans the difference between the Redeemable Value and the Face Value. It is treated as a Miscellaneous expenditure and is debited to "Loss on Issue of Debentures Account."
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Loss on issue of debentures is treated as ___________.a)Intangible ass...
Correct option is D)
Loss on issue of debentures eans the difference between the Redeemable Value and the Face Value. It is treated as a Miscellaneous expenditure and is debited to "Loss on Issue of Debentures Account."
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Loss on issue of debentures is treated as ___________.a)Intangible assetb)Current assetc)Current liabilityd)Other non-current assetCorrect answer is option 'D'. Can you explain this answer?
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