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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
Question
What is debenture?
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Answer

A debenture is a written document or certificate issued by a company under its common seal acknowledging its debt to the holder.

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