Debenture represents ______?
Accounting / Accounting MCQs — Multiple-choice practice
ڈیبینچر ______ کی نمائندگی کرتا ہے؟
- A. Long-term capital of a business
- B. None of these
- C. Long-term liabilities of a business
- D. Director share in a business
Correct answer
Long-term liabilities of a business
Explanation
Explanation A debenture is a type of long-term debt instrument used by companies to raise funds. It represents a loan that the company must repay with interest , making it a liability.
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