If Vendors are issued debentures of ₹4,40,000 in consideration of assets of ₹5,00,000 and liabilities of ₹1,00,000, the balance of ₹40,000 will be debited to:

🎲 Try a Random Question  |  Total Questions in Quiz: 36  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
MCQs for Issue of Debentures — practice the complete quiz, review flashcards, or try a random question.


If Vendors are issued debentures of ₹4,40,000 in consideration of assets of ₹5,00,000 and liabilities of ₹1,00,000, the balance of ₹40,000 will be debited to:






ADVERTISEMENT