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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
Which debentures are like currency ?
  • ✓
    Bearer debenture
  • B
    Unsecured debenture
  • C
    Secured debenture
  • D
    Registered debenture
✓

Answer

Correct option: A.
Bearer debenture

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