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The debenture amount Rs.2,000 issued as collecteral security required the following Journal entry
  • a)
    Debit debenture A/c and credit debenture suspense A/c
  • b)
    Debit debenture suspense A/c and credit debenture A/c
  • c)
    Debit collateral security and credit debenture A/c
  • d)
    Debit collateral security and credit debenture suspense A/c
Correct answer is option 'B'. Can you explain this answer?
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The debenture amount Rs.2,000 issued as collecteral security required ...
B
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The debenture amount Rs.2,000 issued as collecteral security required the following Journal entrya)Debit debenture A/c and credit debenture suspense A/cb)Debit debenture suspense A/c and credit debenture A/cc)Debit collateral security and credit debenture A/cd)Debit collateral security and credit debenture suspense A/cCorrect answer is option 'B'. Can you explain this answer?
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The debenture amount Rs.2,000 issued as collecteral security required the following Journal entrya)Debit debenture A/c and credit debenture suspense A/cb)Debit debenture suspense A/c and credit debenture A/cc)Debit collateral security and credit debenture A/cd)Debit collateral security and credit debenture suspense A/cCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The debenture amount Rs.2,000 issued as collecteral security required the following Journal entrya)Debit debenture A/c and credit debenture suspense A/cb)Debit debenture suspense A/c and credit debenture A/cc)Debit collateral security and credit debenture A/cd)Debit collateral security and credit debenture suspense A/cCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The debenture amount Rs.2,000 issued as collecteral security required the following Journal entrya)Debit debenture A/c and credit debenture suspense A/cb)Debit debenture suspense A/c and credit debenture A/cc)Debit collateral security and credit debenture A/cd)Debit collateral security and credit debenture suspense A/cCorrect answer is option 'B'. Can you explain this answer?.
Solutions for The debenture amount Rs.2,000 issued as collecteral security required the following Journal entrya)Debit debenture A/c and credit debenture suspense A/cb)Debit debenture suspense A/c and credit debenture A/cc)Debit collateral security and credit debenture A/cd)Debit collateral security and credit debenture suspense A/cCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
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