Question : Debentures are shown in the Balance Sheet of a company under the head of:
Option 1: Current Liabilities
Option 2: Non Current Liabilities
Option 3: Shareholder Funds
Option 4: None of the above
Answer (1)
18th Jan, 2024
Correct Answer: Non Current Liabilities
Solution : Debentures are shown in the Balance Sheet of a company under the head of Non-Current liabilities, sub-head Long Term Borrowings.
Hence the correct answer is option 2.
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