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P2 C2 ACCOUNTING FOR DEBENTURES — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C2 ACCOUNTING FOR DEBENTURES1 Mark
MCQ
Debenture is $.........$ for a company.
  • A
    capital
  • B
    receivable
  • ✓
    liability 
  • D
    asset
✓

Answer

Correct option: C.
liability 

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