Accounting · Issue of Debentures
When debentures are issued as a collateral security, which account is debited to record the transaction?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Secured Loan Account
- 2Debenture Suspense Account✓
- 3Bank Account
- 4Debentures Account
Correct answer
Debenture Suspense Account
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