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easyMCQCUET Accountancy 2022 8 Aug Shift 22026Accountancy
1 mark

Debenture holders are:

  1. A
    creditors of the company
  2. B
    customer of the company
  3. C
    owner of the company
  4. D
    none of the above

Solution & Step-by-step Explanation

Debentures denote debt issued by the company. Hence, debenture holders are considered long-term creditors of the company.

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Debenture holders are:
A
creditors of the company
B
customer of the company
C
owner of the company
D
none of the above

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Company AccountsDebentures

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