hiiiiiiii
state true and false wid reason...........
interst on debenture is payable only wen dere is a profit
2 Replies
Faiz Ahmed
( Article Trainee)
(1731 Points)
Replied 22 August 2010
False.
Interest on debentures is a charge against profits. It is to be paid whether firm earns profit or not. So even if there is Net loss, firm is liable to pay such interest.
UDIT
(CMA STUDENT)
(293 Points)
Replied 31 August 2010
ae kashke hum hosh me ane na panye cwa inter ka result wait kart karte pagal ho gaye hai.
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