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easyMCQCUET Accountancy 2022 15 July Shift 22026Accountancy
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Loss on issue of Debenture is a _______

  1. A
    Revenue Loss
  2. B
    Collateral security
  3. C
    Capital Loss
  4. D
    Principal Security

Solution & Step-by-step Explanation

Loss on issue of debentures is a long-term capital loss because debentures are long-term liabilities raised for capital requirements. It is written off against Capital Receipts/Securities Premium or over the life of the debentures.

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Loss on issue of Debenture is a _______
A
Revenue Loss
B
Collateral security
C
Capital Loss
D
Principal Security

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Company AccountsDebenturesLoss on Issue

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