If debentures are issued as consideration for purchase of any fixed asset, the entry is:
(a) Debit Asset A/c ; Credit Vendor A/c
(b) Debit Asset A/c ; Credit Bank A/c
(c) Debit Asset A/c ; Credit Debentures A/c
(d) Debit Debenture A/c; Credit Asset A/c
-Added by Master PurushottamAccountancy » Issue & Redemption Of Debentures
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