wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Objective type questions.
Answer in are sentence only.

What do you mean by ‘Debenture Interest’?

Open in App
Solution

Debenture interest is a charge against a company’s profit, as it is an expense for the company. It can be paid monthly, quarterly or yearly, as defined in the terms and conditions of the issue.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Accounting Treatment-II
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon